Question: Show me the steps to solve ( c ) Debt to Assets Ratio: Formula: Debt to Assets Ratio = ( Total Liabilities - : Total

Show me the steps to solve (c) Debt to Assets Ratio:
Formula:
Debt to Assets Ratio =(Total Liabilities -: Total Assets)\times 100
Total Liabilities = Current Liabilities + Long-term Liabilities
Target:
Total Liabilities = $9,000+ $10,260= $19,260 million
Debt to Assets Ratio =($19,260-: $41,040)\times 100=46.9%
Walmart:
Total Liabilities = $53,000+ $67,924= $120,924 million
Debt to Assets Ratio =($120,924-: $169,810)\times 100=71.2%

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