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NASCLA Demo Exam - johnrwhite.net
c) 3 hours d) 1/2 hour ABC Company- current assets $154,000, current liabilities $24,300, long term liabilities $102,000, Cash on hand $14,000, Net worth $64,000 11. Using the information supplied, what is the company's debt to equity ratio a) 1.97 b) 2.4 c) 2.62 d) .51 12. A type of business that is taxed on its earnings and then taxed again when
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