Mathematics, 02.04.2020 03:34, abelSeattle
Irfan runs a small business. His business’s total liabilities amount to $200,000. His net profit for the latest accounting period is $50,000. The total value of all the business assets comes to $600,000. What is the debt to asset ratio in the case of Irfan’s business?
The debt to assets ratio of Irfan’s business, to two decimal places, is percent.
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