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The Following Data Came from the Financial Statements of Petrini

Question 67

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The following data came from the financial statements of Petrini Company:
The following data came from the financial statements of Petrini Company:    -Refer to Exhibit 14-6. Given the information above, compute the debt-to-equity ratio (rounded to two decimal places)  for Petrini Company. A)  0.86 B)  1.86 C)  1.16 D)  0.54
-Refer to Exhibit 14-6. Given the information above, compute the debt-to-equity ratio (rounded to two decimal places) for Petrini Company.


A) 0.86
B) 1.86
C) 1.16
D) 0.54

Correct Answer:

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