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Using the following balance sheet and income statement data, what is the debt to assets ratio? Current assets $23000 Net income $43500 Current liabilities 10600

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Using the following balance sheet and income statement data, what is the debt to assets ratio? Current assets $23000 Net income $43500 Current liabilities 10600 Stockholders equity 66600 Average assets 134400 Total liabilities 28000 Total assets 85400 Average common shares outstanding was 19000. 34.5 percent 20.8 percent 43.7 percent 32.8 percent

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