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Richards Corporation has the following amounts as of December 21, 2016. Total assets : $31,500...

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Accounting

Richards Corporation has the following amounts as of December 21, 2016. Total assets : $31,500 Total Liabilities $17,500 Total Equity $14,000 . Compute the debt to equity ratio at December 31, 2016. (Round the debt to equity ratio to two decimal places, X.XX.)

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