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Bailey Corporation reported the following information for 2016: $20,000 15,000 7,000 Net Income Total assets Total stockholders' equity What is Bailey's debt-to-equity ratio? 2.50 O

Bailey Corporation reported the following information for 2016: $20,000 15,000 7,000 Net Income Total assets Total stockholders' equity What is Bailey's debt-to-equity ratio? 2.50 O 114 O 2.75 2.14

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