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Jennings Company has total assets of $463 million. Its total liabilities are $129.5 million. Its equity is $333,5 million Calculate the debt ratio. (Round your

Jennings Company has total assets of $463 million. Its total liabilities are $129.5 million. Its equity is $333,5 million Calculate the debt ratio. (Round your answer to 1 decimal place.) Multiple Choice 3474 16.3% 38.8% 28.0% 14.5%

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