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Ratio of liabilities to stockholders' equity The following data were taken from Alvarado Company's balance sheet: table [ [ , Dec. 3 1 ,

Ratio of liabilities to stockholders' equity

The following data were taken from Alvarado Company's balance sheet:

\

table

[[,

Dec.

31, 20

4,

Dec.

31, 20

3], [

Total liabilities,$

3, 800, 000,

2, 700, 000

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