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The Gift Shoppe has total assets of $487,920 and an equity multiplier of 1.47. What is the debt-equity ratio? Select one: a. .68b. .33c. .52d.

The Gift Shoppe has total assets of $487,920 and an equity multiplier of 1.47. What is the debt-equity ratio?

Select one:

a. .68b. .33c. .52d. .47e. .67

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