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Calculate its debt ratio

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Question - Sanders Company has total assets of $385 million. Its total liabilities are $115.5 million, and its equity is $269.5 million. Calculate its debt ratio.

Reference no: EM133186750

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Calculate its debt ratio : Sanders Company has total assets of $385 million. Its total liabilities are $115.5 million, and its equity is $269.5 million. Calculate its debt ratio
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