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Which of the following is true of a firm that has no current liabilities and long term debt to equity ratio of 1 1. the
Which of the following is true of a firm that has no current liabilities and long term debt to equity ratio of 1
1. the firm has no debt
2. the firms total debt ratio is 50%
3. the firm has twice as much equity as it has debt
4. innsufficient data
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