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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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Auditing And Assurance Services
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley
12th Edition
0136128270, 9780136128274
