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Bailey Corporation reported the following information for 2016: Net income $17,000 Total assets 23,000 Total stockholders' equity 7,300 What is Bailey's debt-to-equity ratio? 3.15 1.08
Bailey Corporation reported the following information for 2016:
Net income | $17,000 |
Total assets | 23,000 |
Total stockholders' equity | 7,300 |
What is Bailey's debt-to-equity ratio?
3.15
1.08
1.93
2.15
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