Problem 3-2 Debt Ratio Vigo Vacations has $198 million in total assets, $5.1 million in...
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Finance
Problem 3-2 Debt Ratio
Vigo Vacations has $198 million in total assets, $5.1 million in notes payable, and $23.0 million in long-term debt. What is the debt ratio? Round your answer to two decimal places.
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