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Karl Company has total assets of $170,000 and total liabilities of $110,000. The company's debt-to-equity ratio is closest to: a 0.35 to 1. b 0.39

Karl Company has total assets of $170,000 and total liabilities of $110,000. The company's debt-to-equity ratio is closest to:

a

0.35 to 1.

b

0.39 to 1.

c

0.65 to 1

d

1.83 to 1.

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