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Given the following balance sheet information: Liabilities Current Liabilities Accounts Payable Total Current Liabilities Long Term Liabilities Bank Loan Total Long Term Liabilities $46,684 $46,684

Given the following balance sheet information: Liabilities Current Liabilities Accounts Payable Total Current Liabilities Long Term Liabilities Bank Loan Total Long Term Liabilities $46,684 $46,684 $231,240 $231,240 Owner's Equity: Calculate the Debt/Equity ratio. $540,022
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