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Dairy King Has Total Assets of $325 Million

question 194

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Dairy King has total assets of $325 million.Its total liabilities are $110 million.Its equity is $315 million.Calculate the debt ratio.


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Toshiba

A multinational conglomerate based in Japan, known for its diverse products and services, including electronics and energy systems.

Self-Regulation

The ability of an individual or organization to regulate itself without intervention from external bodies, often applied to maintaining ethical standards.

Legislation

The process of enacting laws by a governmental body or the body of laws that have been enacted.

Government Legislatures

Official organizations or bodies in a country that have the power to make, change, or repeal laws.

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