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The 2019 financial position information for Mr. Edward is as follows: Cash. $48,000 Personal properties. 2,000 Current liabilities. 6,800 8-year car loan. 10,000 Based on

The 2019 financial position information for Mr. Edward is as follows:

Cash. $48,000

Personal properties. 2,000

Current liabilities. 6,800

8-year car loan. 10,000

Based on the table above, what is Edward's gearing ratio?

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