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Flanders Company has total assets of $330,000 and total liabilities of $320,000. The company collects an account receivable of $30,000. After this transaction, the company's
Flanders Company has total assets of $330,000 and total liabilities of $320,000. The company collects an account receivable of $30,000. After this transaction, the company's debt ratio will be: (Round your final answer to two decimal places.) O A. 1.03 OB. 0.97 O c. 0.89. OD. 0.88
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Operational Auditing For Management Control
Authors: Edward F Norbeck
1st Edition
0814451853, 978-0814451854
