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Q3. You're considering investing in ABC Widgets, Inc. and want to understand its financial strength and overall debt situation. You start by calculating its shareholder

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Q3. You're considering investing in ABC Widgets, Inc. and want to understand its financial strength and overall debt situation. You start by calculating its shareholder equity ratio. From the company's balance sheet, you see that it has total assets of $3.0 million, total liabilities of $750,000 and total shareholders' equity of $2.25 million Calculate the Shareholder Equity Ratio

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