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Chowgee Chowgee
  • 18-05-2016
  • Mathematics
Answered

Kroger has total assets of $675 million. Its total liabilities are $200 million and its equity is $375 million. Show me how to calculate the debt ratio.

Verified Answer :

Dontthankmebrainme
Dontthankmebrainme Dontthankmebrainme
  • 18-05-2016

$200/$375 = 25.9%

your answer is 25.9%

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