Turnkey Company had the following total assets, liabilities, and equity as of December 31. Total...

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Turnkey Company had the following total assets, liabilities, and equity as of December 31. Total Assets Total Liabilities Total Equity $63,000 15,750 47,250 What is the company's debt ratio as of December 31? O A. 30% B. 100% O C. 25% O D. 75%

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