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Bailey Corporation reported the following information for 2016: Net income $13,000 Total assets 19,000 Total stockholders' equity 7,700 What is Bailey's debt-to-equity ratio? a. 1.15

Bailey Corporation reported the following information for 2016:


Net income	$13,000
Total assets	19,000
Total stockholders' equity	7,700

What is Bailey's debt-to-equity ratio?

a. 1.15

b. 2.36

c. 1.47

d. 2.47

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