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The financial statements of Flathead Lake Manufacturing Company are shown below: Flathead Lake Manufacturing Note: The common shares are trading in the stock market for

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The financial statements of Flathead Lake Manufacturing Company are shown below: Flathead Lake Manufacturing Note: The common shares are trading in the stock market for $15 per share Refer to the financial statements of Flathead Lake Manufacturing Company. The firm's debt-toequity ratio for 2012 is 2.13 2.44 2.56 2.89

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