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Question 11 5 pts ET Corp. (ETC) reported $280 million in sales for 20YO. ETC had a net fixed assets turnover of 1.75 and total

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Question 11 5 pts ET Corp. (ETC) reported $280 million in sales for 20YO. ETC had a net fixed assets turnover of 1.75 and total assets turnover of 1.40 using data from its 20Y0 balance sheet. ETC had $60 million of long-term debt and current ratio of 2.0. What was the total debt ratio for ETC for 20YO? O 40% O: 30% O 20% O 10%

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