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* * * Calculate the following financial ratios for Company M based on the provided information: Current ratio: Current assets = $ 4 0 0

* * *

Calculate the following financial ratios for Company M based on the provided information:

Current ratio: Current assets

=

400, 000

; Current liabilities

=

200, 000

Debt

-

-

equity ratio: Total debt

=

300, 000

; Total equity

=

500, 000

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