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Sampry64:
The total debt to total assets of cypress corporation was 0.71. The total of cypress’s assets was $270,000. Whats the amount of total debt
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sophia333:
Do what steps would you use to figure this problem out?
sophia333:
@sampry64
Vocaloid:
total debt: total assets = 0.71 which means for every $1 in assets, he has $0.71 in debt therefore you can simply multiply assets * 0.71 to get debt
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