Towne Realty Has Total Assets of $346,200,net Fixed Assets of $277,400,current

question 70

Multiple Choice

Towne Realty has total assets of $346,200,net fixed assets of $277,400,current liabilities of $16,100,and long-term liabilities of $124,600.What is the total debt ratio?

• A).47
• B).41
• C).68
• D).56
• E).52

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