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The following is a condensed balance sheet of T. Clements, Inc Total Current Assests $150,000.00 Total Fixed Assests $125,000.00 Total Current Liabilities $45,000.00 Total Long
The following is a condensed balance sheet of T. Clements, Inc
Total Current Assests $150,000.00
Total Fixed Assests $125,000.00
Total Current Liabilities $45,000.00
Total Long Term Liabilities $75,000.00
Total Equity $ 155,000.00
Calculate the debt to equity ratio of the business and explain what your calculation means
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Financial Management for Public Health and Not for Profit Organizations
Authors: Steven A. Finkler, Thad Calabrese
4th edition
