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Requirements: - Given the balance sheet information: Total Debt: $500,000 Total Equity: $1,200,000 - Compute the debt to equity ratio. - Express the debt to

Requirements: - Given the balance sheet information:

  • Total Debt: $500,000
  • Total Equity: $1,200,000 - Compute the debt to equity ratio. - Express the debt to equity ratio as a numerical value. - Provide the calculated debt to equity ratio. -

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