What is the total debt ratio
Problem:
Denton, Inc. has total equity of $389,600, long-term debt of $116,400, net working capital of $1,600, and total assets of $527,600.
Required:
Question: What is the total debt ratio?
Note: Please show how you came up with the solution.
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Question: What is the total debt ratio? Note: Please show how you came up with the solution.
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