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Calculate the debt ratio

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Question - Soap Trading Pty Ltd has the following statement of financial position figures. Calculate the debt ratio. Current assets $300,000; Current liabilities $200,000; Non-current assets $800,000; Non-current liabilities $350,000.

A) 43.75%

B) 66.67%

C) 31.82%

D) 50%

Reference no: EM132641535

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