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Please explain answer. The following information is related to Best CFA Inc. a Total assets $10,000 aContributed capital $3,000 a Beginning retained earnings $1,500 anet

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Please explain answer.

The following information is related to Best CFA Inc. a Total assets $10,000 aContributed capital $3,000 a Beginning retained earnings $1,500 anet sales $8,750 anet income $700 a Dividends $200 What is the company's total debt ratio? 55% 50% 45% 70%

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