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You are thinking of investing in Nikki T's, Inc. You have only the following information on the firm at year-end 2021: net income is $160,000,

You are thinking of investing in Nikki T's, Inc. You have only the following information on the firm at year-end 2021: net income is $160,000, total debt is $3.10 million, and debt ratio is 65 percent

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