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Rajan Company's most recent balance sheet reported total assets of $1.86 million, total liabilities of $0.82 million, and total equity of $1.04 million. Its Debt

Rajan Company's most recent balance sheet reported total assets of $1.86 million, total liabilities of $0.82 million, and total equity of $1.04 million. Its Debt to equity ratio is:

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  • 0.44

  • 0.56

  • 1.27

  • 0.79

  • 1.00

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