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Rajan Company's most recent balance sheet reported total assets of $1.98 million, total liabilities of $0.76...

Rajan Company's most recent balance sheet reported total assets of $1.98 million, total liabilities of $0.76 million, and total equity of $1.22 million. Its Debt to equity ratio is:

  • 0.47

  • 0.38

  • 1.61

  • 0.62

  • 1.00

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