Solved: What is the ratio of debt to total long-term capital, Financial Accounting

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What is the ratio of debt to total long-term capital

Response to the following problem:

A firm has a long-term debt-equity ratio of .4. Shareholders' equity is $1 million. Current assets are $200,000, and total assets are $1.5 million. If the current ratio is 2.0, what is the ratio of debt to total long-term capital?

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Financial Accounting: What is the ratio of debt to total long-term capital

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Financial Accounting: What is the ratio of debt to total long-term capital

Reference No:- TGS02082709

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