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Refer to Bellingham Incorporated's December 3 1 , 2 0 1 9 Balance Sheet shown below. What is Bellingham's total debt to equity ratio on

Refer to Bellingham Incorporated's December 31,2019 Balance Sheet shown below.
What is Bellingham's total debt to equity ratio on December 31,2019?
0.50
0.87
1.09
1.17
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