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help would be greatly appreciated! I will thumbs ups, thank you! Problem 4-21 Leverage (RANDOM) A firm has a long-term debt-equity ratio of 0.56. Shareholders'
help would be greatly appreciated! I will thumbs ups, thank you!
Problem 4-21 Leverage (RANDOM) A firm has a long-term debt-equity ratio of 0.56. Shareholders' equity is $801,500. Current assets are $310,600, and the current ratio is 2.42. The only current liabilities are notes payable. What is the total debt ratio? (Round your answer to 2 decimal places.) Total debt ratioStep by Step Solution
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