Calculate the debt-to-equity ratio
Question: You calculate the debt-to-equity ratio to be 3:2. From this you conclude that the following percentage of Publix's assets are funded with debt:a. 60%
b. 150%
c. 66.7%
d. Cannot be determined from the information given
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You calculate the debt-to-equity ratio to be 3:2. From this you conclude that the following percentage of Publix's assets are funded with debt:
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