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Chumani Company has net income of $448,000, total debt of $238,000, cost of goods sold of $189,000, and equity of $210,000. What is Chumani's total
Chumani Company has net income of $448,000, total debt of $238,000, cost of goods sold of $189,000, and equity of $210,000. What is Chumani's total debt to total capital ratio? a. 88.2% b. 59.7% c. 53.1% d. 48.2% e. 14.9%
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