Question: Using the following balance sheet and income statement data, what is the debt to assets ratio? Current assets $28500 $43400 Current liabilities 14800 Net income

Using the following balance sheet and income statement data, what is the debt to assets ratio? Current assets $28500 $43400 Current liabilities 14800 Net income Stockholders equity Total liabilities 79600 43300 Average assets Total assets 157900 125000 Average common shares outstanding was 16300, O 26 percent O 64 percent O 35 percent O 13 percent

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