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Cornerstone Exercise 9-41 Ratio Analysis Red Corporation had $1,750,000 in total tabiities and $3,000,000 in total assets as of December 31, 2020. Or Red's to
Cornerstone Exercise 9-41 Ratio Analysis Red Corporation had $1,750,000 in total tabiities and $3,000,000 in total assets as of December 31, 2020. Or Red's to bites, $600,000 as long-term. Required: Calculate Red's debt to assets ratio and its long-term debt to equity ratio. Round your animers to four decimal places, if required. Debt to Total Assets Long-Term Debt to Total Equity
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