Question: Using the following balance sheet and income statement data, what is the debt to assets ratio? Current assets $35500 Net income $41400 Current liabilities 15400

 Using the following balance sheet and income statement data, what is

Using the following balance sheet and income statement data, what is the debt to assets ratio? Current assets $35500 Net income $41400 Current liabilities 15400 Stockholders equity 77000 Average assets 159500 Total liabilities 41800 Total assets 132000 Average common shares outstanding was 15000. O 10 percent 32 percent O 23 percent 58 percent a o

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