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Happiness Catering has total assets of $413 million. Its total liabilities are $114 million and its equity is $299 million. Calculate its debt ratio. rev:
Happiness Catering has total assets of $413 million. Its total liabilities are $114 million and its equity is $299 million. Calculate its debt ratio.
rev: 01_27_2018_QC_CS-115385
Multiple Choice
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27.6%.
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26.2%.
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35.5%.
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38.1%.
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56.7%.
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