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Business, 23.11.2019 03:31 awsomeboy12345678

doug's boat shop, inc. reports operating income of $260,000 and interest expense of $31,200. the average common stockholders' equity during the year was $50,000. the beginning assets balance is $115,000 and ending assets balance is $180,000. what is the leverage ratio? (round your final answer to two decimal places.)

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