Question: Using the following balance sheet and income statement data, what is the debt to assets ratio? Current assets $23000 Net income $43500 Current liabilities 10400

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

the debt to assets ratio? Current assets $23000 Net income $43500 Current

Using the following balance sheet and income statement data, what is the debt to assets ratio? Current assets $23000 Net income $43500 Current liabilities 10400 63600 Stockholders' equity Total liabilities 137200 28200 Average assets Total assets 91800 Average common shares outstanding was 15000. Average common shares outstanding was 15000. 31 percent O 42 percent O 34.4 percent 20.6 percent

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