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A company has total assets of $11,000, current liabilities of $1,500, and total liabilities of...

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Question

Finance

A company has total assets of $11,000, current liabilities of $1,500, and total liabilities of $4,300. If debt is the only long-term liability, what is the long-term debt to equity ratio?
A.
4.10 times
B.
1.01 times
C.
0.35 times
D.
0.42 times

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