What is the firm total debt ratio

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Costello Corp. has total assets of $200 million; long-term debt of $50 million; and total owner's equity of $120 million. What is the firm's total debt ratio?

Select one:

a. 25.0%

b. 33.3%

c. 40.0%

d. 62.5%

Reference no: EM131891269

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