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Sara's Cake Company is looking at how much debt they have compared to total equity. If they have total assets of $100,000, total liabilities of

Sara's Cake Company is looking at how much debt they have compared to total equity. If they have total assets of $100,000, total liabilities of $32,000 and total stockholder's equity of $68,000. What is the debt-to-equity ratio here? Question 7 options: 32% 68% 47% 100%

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