A company reports the following: Total Assets $390,000 Total Liabilities 140,000 Total Stockholders' Equity 250,000 Calculate the debt ratio. (Round your answer to two decimal places.) OA. 44% OB. 78.57% O C. 35.9% O D. 64.1%

A company reports the following: Total Assets $390,000 Total Liabilities 140,000 Total Stockholders' Equity 250,000 Calculate the debt ratio. (Round your answer to two decimal places.) OA. 44% OB. 78.57% O C. 35.9% O D. 64.1%

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

A company reports the following:
Total Assets
$390,000
Total Liabilities
140,000
Total Stockholders' Equity
250,000
Calculate the debt ratio. (Round your answer to two decimal places.)
O A. 44%
O B. 78.57%
O C. 35.9%
O D. 64.1%

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