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S12-12 Computing the debt to equity ratio Jackson Corporation has the following amounts as of December 31,2018. Total assets Total liabilities Total equity $ 55,250

S12-12 Computing the debt to equity ratio Jackson Corporation has the following amounts as of December 31,2018. Total assets Total liabilities Total equity $ 55,250 22,750 32,500 Compute the debt to equity ratio at December 31, 2018

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