Business, 12.08.2020 06:01 namira16

A firm has a long-term debt-equity ratio of .4. Shareholders’ equity is $1 million. Current assets are $200,000, and the current ratio is 2. The only current liabilities are notes payable. What is the total debt ratio?

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A firm has a long-term debt-equity ratio of .4. Shareholders’ equity is $1 million. Current assets a...

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