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  3. a firm's total assets are $1 million, total equity

A firm's total assets are $1 million, total equity is $600,000, what is the debt...

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Question

Accounting

A firm's total assets are $1 million, total equity is $600,000, what is the debt ratio?

Question 22 options:

2.5%

40%

60%

1.67%

None of these

Answer & Explanation Solved by verified expert
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