Current assets | $125 Total assets | $280 Current liabilities | $65 Total liabilities |$112 Cash | S15 Interest expense | $8 Income taxes | $12 Net income | $28 The debt to assets ratio is: a. 35.7% b. 40.0% c. 52.0% d. 4.5 times

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter12: Capital Structure
Section: Chapter Questions
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Hello tutor please provide this question solution general accounting

Current assets | $125 Total assets | $280 Current liabilities | $65 Total
liabilities |$112 Cash | S15 Interest expense | $8 Income taxes | $12 Net
income | $28
The debt to assets ratio is:
a. 35.7%
b. 40.0%
c. 52.0%
d. 4.5 times
Transcribed Image Text:Current assets | $125 Total assets | $280 Current liabilities | $65 Total liabilities |$112 Cash | S15 Interest expense | $8 Income taxes | $12 Net income | $28 The debt to assets ratio is: a. 35.7% b. 40.0% c. 52.0% d. 4.5 times
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