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Vigo Vacations has $300 million in total assets, $7 million in notes payable, and $44 million in long- term debt. What is the debt

Vigo Vacations has $300 million in total assets, $7 million in notes payable, and $44 million in long- term debt. What is the debt ratio? Do not round intermediate calculations. Round your answer to the nearest whole number.

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