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GHI Corporation's balance sheet is as follows: Total Assets: $800,000 Total Liabilities: $400,000 Requirements: a. Calculate the Total Equity of GHI Corporation. b. Calculate the

GHI Corporation's balance sheet is as follows:

Total Assets: $800,000
Total Liabilities: $400,000 Requirements: a. Calculate the Total Equity of GHI Corporation. b. Calculate the Debt-to-Equity ratio.

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