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MONLAB net income was 150,000, Return on Equity 20% and total assets are 2,205,000. CALCULATE THE DEBT RATIO (Debt to assets) P RESENT YOUR ANSWER

MONLAB net income was 150,000, Return on Equity 20% and total assets are 2,205,000.

CALCULATE THE DEBT RATIO (Debt to assets)

PRESENT YOUR ANSWER IN PERCENT ROUNDED TO ZERO DECIMAL PLACES. DONT USE THE PERCENTAGE SYMBOL

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