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A firm has a long term debt-equity ratio of 03. Shareholders' equity is $0.96 million. Current assets are $306.000, and the current ratio Is 18.

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A firm has a long term debt-equity ratio of 03. Shareholders' equity is $0.96 million. Current assets are $306.000, and the current ratio Is 18. The only current liabilities are notes payable. What is the total debt ratio? (Round your answer to 2 decimal places.) Total debt ratio

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