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Sanders Company has total assets of $385 million. Its total liabilities are $115.5 million, and its equity is $269.5 million. Calculate its debt ratio. Question

Sanders Company has total assets of $385 million. Its total liabilities are $115.5 million, and its equity is $269.5 million. Calculate its debt ratio. Question 14 options: 35%. 30%. 38%. 28&percnt

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