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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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