Question: Greetings, the two question are still incorrect and I had the same calculations that you did, so the formula is not working for these, what

Greetings,

the two question are still incorrect and I had the same calculations that you did, so the formula is not working for these, what am I missing?

8 Computation of debt ratio :

Debt ratio = Total liability / Total assets

= $2561360 / 5763060

=0.444

14 Computation of return on total assets:

Return on total assets = Net income / Average Total assets

=432000 / 5261261.5

=8.21%

Average total assets = (5763060+4759463) / 2

= 5261261.5

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