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Debt Ratio, Debt-to-Equity Ratio
Busch Company's balance sheet shows total liabilities of $610,000, total equity of $156,000, and total assets of $766,000.
Required:
1. Calculate the debt ratio. Round to two decimal places.
2. Calculate the debt-to-equity ratio. Round to two decimal places.
Abbey is much more creditworthy and has various line
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