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Wiley’s Has Total Equity of $679,400,long-Term Debt of $316,900,net Working

Question 53

Multiple Choice

Wiley’s has total equity of $679,400,long-term debt of $316,900,net working capital of $31,600,and total assets of $1,123,900.What is the total debt ratio?


A) .53
B) .40
C) .67
D) .49
E) .63

Correct Answer:

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