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Island Industries had total assets of $615,000, total liabilities of $175,000; and total Stockholders' Equity of $440,000. Island's debt ratio is: (Round your final answer

Island Industries had total assets of $615,000, total liabilities of $175,000; and total Stockholders' Equity of $440,000. Island's debt ratio is: (Round your final answer to the nearest whole number.) OA. 40% O B. 1796. C. 7296. OD. 28%

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