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Stride Along Had Total Liabilities of $130 Million and Total

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Essay

Stride Along had total liabilities of $130 million and total assets of $375 million. Its debt ratio was ______________.


Definitions:

Married, Filing Jointly

A tax filing status available to married couples that allows them to file one tax return jointly, combining their incomes and deductions.

Marginal Ordinary Income Tax Rate

The tax rate that applies to the last dollar of the taxpayer's income, influencing decisions on additional income.

Tax Rate

The percentage at which an individual or corporation is taxed by the government.

Taxpayer

An individual or entity that is obligated to pay taxes to a federal, state, or local government.

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