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Towne Realty has net fixed assets of 260,000, current liabilities of $40,000, net working capital of $20,000, and long-term liabilities of $120,000. What is the

Towne Realty has net fixed assets of 260,000, current liabilities of $40,000, net working capital of $20,000, and long-term liabilities of $120,000. What is the total debt ratio?

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