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X Co. reported total assets 500,000, current liabilities 80,000, non-current liabilities 100,000 and equity 320,000. Leverage ratio is a. 20% b. 45% c. 56.25% d.

X Co. reported total assets 500,000, current liabilities 80,000, non-current liabilities 100,000 and equity 320,000. Leverage ratio is

20%

45%

56.25%

23.81%

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