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Business, 20.07.2019 12:40 dbajomo01

On december 31, 2015, a company had assets of $16 billion and stockholders' equity of $8 billion. that same company had assets of $20 billion and stockholders' equity of $9 billion as of december 31, 2016. during 2016, the company reported total sales revenue of $9 billion and total expenses of $7 billion. what is the company's debt-to-assets ratio on december 31, 2016?

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