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Question 8 4 pts On December 31, Copper Corporation has the following data available: Net Income Interest expense Preferred dividends $200.000 20,000 10,000 820.000 Total
Question 8 4 pts On December 31, Copper Corporation has the following data available: Net Income Interest expense Preferred dividends $200.000 20,000 10,000 820.000 Total assets at the beginning of the year Total assets at the end of the year Total liabilities at the beginning of the year Total liabilities at the end of the year 760,000 250,000 260,000 What is the leverage ratio? (Round your final answer to two decimal places.) 0 0.68 1.48 O 0.37 1.52 None of the above
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