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Bailey Corporation reported the following information for 2014: Net income $ 27,000 Total assets...

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Accounting

Bailey Corporation reported the following information for 2014:

Net income $ 27,000 Total assets 22,000 Total stockholders' equity 6,300

What is Bailey's debt-to-equity ratio?

A. 1.80

B. 1.72

C. 2.49

D. 3.49

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