Question: Using the following balance sheet and income statement data, what is the debt to assets ratio? Current assets 21600 Net income $ 44900 Current liabilities

Using the following balance sheet and income statement data, what is the debt to assets ratio? Current assets 21600 Net income $ 44900 Current liabilities 9800 67000 Stockholders equity Total liabilities 140000 27600 Average assets Total assets 92600 Average common shares outstanding was 18000. 40.7 percent 32.2 percent 19.7 percent 29.8 percent

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