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Part 3: Calculating and interpreting debt ratio Given the following information, calculate the debt ratio for Dan's Dependable Delivery. Do your calculations at the end

Part 3: Calculating and interpreting debt ratio

Given the following information, calculate the debt ratio for Dan's Dependable Delivery. Do your calculations at the end of the journal. Show your work.

	Current year	Previous year
Total Assets	$3,750,200	$3,590,750
Total Liabilities	$1,500,250	$1,470,000

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