What is the ratio of debt to total long-term capital

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Reference no: EM131014080

A firm has a long-term debt–equity ratio of 0.50. Shareholders’ equity is $2.0 million. Current assets are $320,000, and total assets are $3.200 million. If the current ratio is 1.6, what is the ratio of debt to total long-term capital?

Reference no: EM131014080

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