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If a company's debt-to-assets ratio is equal to 60% and if it has the total liabilities balance of $120,000, how much is the company's total

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If a company's debt-to-assets ratio is equal to 60% and if it has the total liabilities balance of $120,000, how much is the company's total assets balance? Select one: a. $128,000 b. $72,000 c. It cannot be determined from the information given. d. $200,000

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