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Given the following information, what is the debt ratio, equity ratio, and debt-to-equity ratio, respectively? Sales: $1,250,000 Expenses: $735,000 Total assets: $875,000 Total liabilities: $427,000
Given the following information, what is the debt ratio, equity ratio, and debt-to-equity ratio, respectively? Sales: $1,250,000 Expenses: $735,000 Total assets: $875,000 Total liabilities: $427,000 Total equity: $448,000
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