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Jasmine Company had current and noncurrent liabilities of $ 5 0 , 0 0 0 and $ 1 6 0 , 0 0 0 ,

Jasmine Company had current and noncurrent liabilities of $

50, 000

and $

160, 000,

respectively. The company

s current assets were $

76, 000,

out of a total asset figure of $

457, 000 .

Calculate the company

s debt ratio.

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