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Business, 14.04.2020 21:39 ToriChristine

Camile Plastics Company had the following total assets, liabilities, and equity as of December 31.
Assets $430,000
Liabilities 132,000
Equity 298,000
What is the company's debt ratio as of December 31? (Round your percentage answer to two decimal places.)
A) 44.30%
B) 30.70%
C) 100.00%
D) 69.30%

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