Question: An underwriter is attempting to conduct ratio analysis on a company. The underwriter notices that the company has $3 million in total assets, $1 million

An underwriter is attempting to conduct ratio analysis on a company. The underwriter notices that the company has $3 million in total assets, $1 million in current assets, $2 million in total liabilities, and $1 million in current liabilities. Which one of the following conclusions can the underwriter reach by calculating the company's debt-to-assets ratio? Select one: A. The company has adequate working capital. B. The company's assets are financed mostly through shareholder's equity. C. The company's assets are financed mostly through debt. D. The company is very profitable

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