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Question 6 A firm has total sales of AED 2,400 million. It has AED 150 million in long-term debt. The stockholders equity is AED 350

Question 6 A firm has total sales of AED 2,400 million. It has AED 150 million in long-term debt. The stockholders equity is AED 350 million and total asset turnover of 1.4 x. What is the debt to total asset ratio

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