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  3. the following amounts represent the complete asset

The following amounts represent the complete assets and liabilities of ABC Inc. at the end...

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Accounting

The following amounts represent the complete assets and liabilities of ABC Inc. at the end of the year:

Assets

Cash $ 12000

Accounts receivable $ 23600

Inventory $ (in]

Equipment $ 30000

Liabilities

Accounts payable $ 6000

Deferred revenue (all current) $ 5500Long term debt $ 9200

Calculate the debt to equity ratio

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