Question: Using the following balance sheet and income statement data, what is the debt to assets ratio? Current assets $38000 $42600 Current liabilities 15000 Net income

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 $38000 $42600 Current liabilities 15000 Net income Stockholders' equity Total liabilities 75200 41000 Average assets Total assets 162500 126000 Average common shares outstanding was 14500. 11 percent O 60 percent O 33 percent O 24 percent

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