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STU Ltd. reports the following balance sheet figures: Total Assets: $1,200,000 Total Liabilities: $500,000 Requirements: a. Calculate the Total Equity of STU Ltd. b. Calculate

STU Ltd. reports the following balance sheet figures:

Total Assets: $1,200,000
Total Liabilities: $500,000 Requirements: a. Calculate the Total Equity of STU Ltd. b. Calculate the Debt Ratio.

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