What is a firm’s debt ratio if its total assets are $135,000, equity i
What is a firm’s debt ratio if its total assets are $135,000, equity is $75,000, current liabilities are $24,000, and total liabilities are $105,000?
A) 140%
B) 110%
C) 50%
D) 60%
E) 78%
ANSWER
E
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