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The 2021 financial statements of Jimmy Olsen Co. contain the following selected data (in millions). $180 320 Current assets Total assets Current liabilities Total liabilities

The 2021 financial statements of Jimmy Olsen Co. contain the following selected data (in millions). $180 320 Current assets Total assets Current liabilities Total liabilities 90 144 16 Cash 10 20 Interest expense Income taxes Net income The debt to assets ratio is 32 50.0% 2.22% 6.2 times 45.0%

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