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Britten Corp. has the following balances at the end of the current year: Total Assets Total Current Liabilities $300,000 57,000 190,000 Total Long-term Liabilities Total
Britten Corp. has the following balances at the end of the current year:
Total Assets Total Current Liabilities $300,000 57,000 190,000 Total Long-term Liabilities Total Equity 53,000 Calculate the debt to equity ratio. (Round your answer to two decimal places.) OA. 1.08 B. 5.66 C. 3.58 OD. 4.66
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Advanced Accounting
Authors: Gail Fayerman
1st Canadian Edition
9781118774113, 1118774116, 111803791X, 978-1118037911
