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Question 8 Company CDE has the current liabilities of $54,000 and the long-term liabilities of $160,000. That company has the current assets of $70,000 and
Question 8 Company CDE has the current liabilities of $54,000 and the long-term liabilities of $160,000. That company has the current assets of $70,000 and owns plants and equipment that are worth$1,270,000. What is the debt ratio of Company CDE? Round off (up) to 2 decimal points. Question options A) 0.37 B) 0.26 C) 0.16 D) 0.11
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