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Calculate the debt to equity ratio

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Jenny Ltd. has the following assets and liabilities : Cash : $ 10,000 Inventory : $ 100,000 Trade accounts receivable : $ 50,000Long - term assets ( net of depreciation ) : $ 190,000 Trade accounts payable : $ 150,000 Long - term debt : $ 100,000 Required( a ) Calculate the debt to equity ratio.

Reference no: EM133464854

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