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  • 02-03-2020
  • Business
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Duke Company has net fixed assets of $400,000, short-term liabilities of $30,000, long-term liabilities of $20,000, common stockholders' equity of $90,000, and total stockholders' equity of $100,000 (including the common). Duke's ratio of fixed assets to long-term liabilities is

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iizuku
iizuku iizuku
  • 02-03-2020

Answer:

50%. (30000+20000)/100000

Explanation:

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