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Deacon Corporation has provided the following financial data from its balance sheet and income statement Question 15 (of 16) Deacon Corporation has provided the following
Deacon Corporation has provided the following financial data from its balance sheet and income statement
Question 15 (of 16) Deacon Corporation has provided the following financial data from Its balance sheet and income statement: Tota assets 31290.000 31223000 Total stockholders' equity S734.200 3868.000 Net operating income (ncome before interest and taxes) $69,612 Interest expense $33,000 The company's debt-to-equlty ratio at the end of Year 2 is closest to: O 069 O 63 0.53 O 081 Step by Step Solution
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