Question: Using the following balance sheet and income statement data, what is the debt to assets ratio? $30500 $41100 15200 Current assets Current liabilities Average assets

Using the following balance sheet and income statement data, what is the debt to assets ratio? $30500 $41100 15200 Current assets Current liabilities Average assets Total assets Net income Stockholders' equity Total liabilities 77800 159900 111000 42400 Average common shares outstanding was 14900. O 29 percent O 38 percent 70 percent O 16 percent

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