Multiple Choice
Illusions, Inc. has current assets of $52,000, long-term assets of $262,700, current liabilities of $42,600, and long-term debt of $154,700. Illusions' debt ratio is: (Round your final answer to two decimal places, X.XX%.)
A) 75.1%.
B) 49.16%.
C) 62.69%.
D) 58.89%.
Correct Answer:
Verified
Correct Answer:
Verified
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