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Sanders Company has total assets of $403 million, its total liabilities are $109.1 million, and its equity is $293.9 million. Calculate its debt ratio. (Round

Sanders Company has total assets of $403 million, its total liabilities are $109.1 million, and its equity is $293.9 million. Calculate its debt ratio. (Round your answer to 1 decimal place.) Multiple Cholce 26.9% 3718 57.4. 2718 36.5%

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