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    Debt ratio

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    Wireless Communications has a total asset turnover of 2.66, total liabilities of $1,004,162, and sales revenues of $7,025,000. What is Wireless's debt ratio?

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    https://brainmass.com/business/debt-ratio/calculate-debt-ratio-192353

    Solution Preview

    Debt ratio = Total Liabilities/Total Assets
    We are given total liabilities ...

    Solution Summary

    The solution explains how to calculate the debt ratio.

    $2.19

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