Adelaide Boats Ltd had current liabilities of ($5) million, non-current liabilities of ($10) million and total assets
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Adelaide Boats Ltd had current liabilities of \($5\) million, non-current liabilities of \($10\) million and total assets of \($20\) million. What is Adelaide Boats Ltd’s debt to total assets ratio?
(a) 1.3:1.
(b) 0.5:1.
(c) 0.75:1.
(d) 0.25:1.
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Related Book For
Financial Accounting Reporting, Analysis And Decision Making
ISBN: 9780730363279
6th Edition
Authors: Shirley Carlon
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