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Business, 12.03.2021 15:10 cici170

At the beginning of the current year, Snell Co. total assets were $270,000 and its total liabilities were $185,200. During the year, the company reported total revenues of $115,000, total expenses of $87,000 and dividends of $16,000. There were no other changes in equity during the year and total assets at the end of the year were $282,000. The company's debt ratio at the end of the current year is: g

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