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  3. rose co. has the following items: cash $ 25,000 pr

Rose Co. has the following items: Cash $ 25,000 Prepaid Rent 50,000 Current liabilities (no...

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Accounting

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Rose Co. has the following items: Cash $ 25,000 Prepaid Rent 50,000 Current liabilities (no interest is charged) 100,000 Bank loan payable due in 5 years 250,000 Bonds payable 150,000 Common share capital 150,000 Retained earnings 175,000 The debt to equity ratio formula is: Interest-bearing debt - Cash Shareholders' equity Calculate the debt to equity ratio. Select one: O a. 1.27 O b. 1.33 O c. 1.15 O d. .69

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