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A firm has total assets of $2,060,000. it has $847,000 in long-term debt. the stockholders equity is $647,000. what is the debt to total asset ratio?
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Apr 14, 2018
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A firm has total assets of $2,060,000. it has $847,000 in long-term debt. the stockholders equity is $647,000. what is the debt to total asset ratio?
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I believe the answer is 67% hope this helps
Billerby
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Apr 19, 2018
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