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Given the following Year 12 balance sheet data for a footwear company: Based on the above figures and the formula for calculating the debt-assets ratio,

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Given the following Year 12 balance sheet data for a footwear company: Based on the above figures and the formula for calculating the debt-assets ratio, the company's debt-assets ratio (where debt is defined to include both short-term and long-term debt) is 0.375. 0.413. 0.40. 0.318. 0.333

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