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Jennings Co. has total assets of $429.0 million. Its total liabilities are $112.5 million. Its equity is $316 million Calculate the debt ratio (ROL decimal

Jennings Co. has total assets of $429.0 million. Its total liabilities are $112.5 million. Its equity is $316 million Calculate the debt ratio (ROL decimal place.) 85 Multiple Choice 38,0% 13.6% 35.5% 26.2% 15.1%

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