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Bailey Corporation Reported the Following Information for 2014  Net income $10,000 Total assets 16,000 Total stockholders’ equity 8,000\begin{array}{lr}\text { Net income } & \$ 10,000 \\\text { Total assets } & 16,000 \\\text { Total stockholders' equity } & 8,000\end{array}

Question 17

Multiple Choice

Bailey Corporation reported the following information for 2014:  Net income $10,000 Total assets 16,000 Total stockholders’ equity 8,000\begin{array}{lr}\text { Net income } & \$ 10,000 \\\text { Total assets } & 16,000 \\\text { Total stockholders' equity } & 8,000\end{array} What is Bailey's debt-to-equity ratio?


A) 2
B) 1.25
C) 1.0
D) 3.0

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