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Business, 06.12.2021 17:30 edgartorres5123

As a bank loan officer, you are considering a loan application by Endurance Sporting Goods. The company has provided you with the following information: Cash $ 25,000
Account Receivable $45,000
Inventory $140,000
Fixed Assets $190,000
Current Liabilities $70,000
Long-Term Liabilities $90,000

Endurance Sporting Goods’ debt to owners' equity ratio (rounded to the nearest tenth of a percent) is

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