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General Electric Company has total equity of $4,000,000 and total liabilities of $3,000,000. Calculate the company's debt-to-equity ratio and interpret what this ratio signifies about

·General Electric Company has total equity of $4,000,000 and total liabilities of $3,000,000. Calculate the company's debt-to-equity ratio and interpret what this ratio signifies about the company's financial structure.

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