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Emily has been asked to calculate a company's debt to assets ratio. The company has assets of $817,000, current liabilities of $143,000, noncurrent liabilities of
Emily has been asked to calculate a company's debt to assets ratio. The company has assets of $817,000, current liabilities of $143,000, noncurrent liabilities of $285,000, and owner's equity of $389,000. Emily's calculations should result in a debt to assets ratio of Select answer from the options below 52.4%. 34.9%. 17.5%. 47.6%
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