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Rajan company's most recent balance sheet reported total assets of $1.9 million, total liabilities of $0.8 million, and total equity of 1.1 million. its debt

Rajan company's most recent balance sheet reported total assets of $1.9 million, total liabilities of $0.8 million, and total equity of 1.1 million. its debt to equity ratio is:

a) 0.42

b) 0.58

c) 1.38

d) 0.73

e) 1.00

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