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Business, 28.02.2020 10:39 homework2358

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The following is the extract of a balance sheet of Creatz Ltd. for a given year:
Current Liabilities
3,500
Long term Liabilities 7,500
Stockholder's equity 10,000
Retained earnings
2,000
What is the debt-equity ratio of Creatz Ltd.?
The debt-equity ratio of Creatz Ltd. Is
(correct to 2 decimal places).


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