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Dave's Auto displays the following information. Calculate the Debt Ratio of the company: Current Assets Long-Term Assets $50,000 $200.000 Total Assets $250,000 Short-Term Liabilities $130,000
Dave's Auto displays the following information. Calculate the Debt Ratio of the company: Current Assets Long-Term Assets $50,000 $200.000 Total Assets $250,000 Short-Term Liabilities $130,000 Long-Term Liabilities $ 20,000 Total Liabilities $150,000 Common Stock $50,000 Retained Earnings Total Liabilities and Equity $50,000 $250,000 A. 0.1 B. 0.6 C.2.6 D. 1.67 Moving to another question will save this response
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