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Brown Bag Liquor Emporium has short-term liabilities of $150,000 and long-term liabilities of $200,000. With gross profits of $500,000 and owners' equity of $100,000, calculate

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Brown Bag Liquor Emporium has short-term liabilities of $150,000 and long-term liabilities of $200,000. With gross profits of $500,000 and owners' equity of $100,000, calculate its debt to owners' equity ratio. Multiple Choice 28.57% O 5.83% O 7.00% O O 15.00% O 35.00%

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