Debt-to-Total-Assets Ratio Ruby Company's balance sheet reports the following totals: Assets = $40,000; Liabilities = $25,000; Stockholders' Equity = $15,000. %3D %3D What is the the company's debt-to-total-assets ratio? %
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![Debt-to-Total-Assets Ratio
Ruby Company's balance sheet reports the following totals: Assets
Liabilities = $25,000; Stockholders' Equity = $15,000.
= $40,000;
%3D
What is the the company's debt-to-total-assets ratio?
%
Note: Round answer to one decimal place (ex: 60.8%)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F11ff9f03-4cfd-4604-9eab-3af23331f424%2F8a7aab8f-f2f0-4455-88e5-2b4e00a3c6cf%2Firavo7c_processed.png&w=3840&q=75)
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