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When calculating the debt-to-equity ratio, the following is NOT included:
Wartime Expansion
The process of increasing military and economic resources during periods of war, often involving accelerated industrial production and workforce mobilization.
War Opposition
Public or political resistance against military conflicts or specific wars.
Northern Protesters
Individuals or groups in the northern regions, often referencing historical or contemporary movements, who actively demonstrate against specific issues or policies.
Southern Protesters
Individuals or groups in the southern regions of a country who actively demonstrate or campaign against certain policies, decisions, or societal conditions.
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