Question: Selected financial information presented below was obtained from the financial statements of Terripin Industries: Current Assets Property and Equipment, net Current Liabilities Noncurrent Liabilities Stockholder's

Selected financial information presented below was obtained from the financial statements of Terripin Industries: Current Assets Property and Equipment, net Current Liabilities Noncurrent Liabilities Stockholder's Equity Sales Revenue Net Income $ 80,000 120,000 90,000 70,000 40,000 100,000 36,000 What is the debt-to-assets ratio

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