Question: Using the following balance sheet and income statement data, what is the debt to assets ratio? Current assets $ 14,000 Net income $ 21,000 Current

Using the following balance sheet and income statement data, what is the debt to assets ratio? Current assets $ 14,000 Net income $ 21,000 Current liabilities 8,000 Stockholders' equity 60,000 Total liabilities 40,000 Average common shares outstanding was 10,000. 40 percent 67 percent O 60 percent O 35 percent

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