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The year-end balance sheet of Sandy Hill Hospital shows total liabilities of $7,500,000, including a bank note to expand the facility. Net worth of the
The year-end balance sheet of Sandy Hill Hospital shows total liabilities of $7,500,000, including a bank note to expand the facility. Net worth of the hospital is $6,000,000. What is the debt-to-net-worth ratio? a. 0.5 b. 1.25 c. 3.5 d. 4.5
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