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Consider the following information for firm 4 . Fixed assets is 2 , 0 0 0 . Current assets is 1 , 0 0 0

Consider the following information for firm 4. Fixed assets is 2,000. Current assets is 1,000. Total shareholders'
equity is 1,500. Current liabilities is 500. Long-term liabilities is 1,000. The book debt ratio is closest to?
Select one:
a.0.50
b.0.65
C.0.25
d.0.55
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