In its 2016 annual report, Kohl's Corporation reported the following (in millions): Total assets $13,574 Total stockholders' equity $5,177 Total liabilities $8,397 What proportion of Kohl's Corporation is financed by non owners? A. 61.9% B. 44.2% C. 53.5% D. 77% E. None of the above

In its 2016 annual report, Kohl's Corporation reported the following (in millions): Total assets $13,574 Total stockholders' equity $5,177 Total liabilities $8,397 What proportion of Kohl's Corporation is financed by non owners? A. 61.9% B. 44.2% C. 53.5% D. 77% E. None of the above

Financial Accounting

15th Edition

ISBN:9781337272124

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter14: Long-term Liabilities: Bonds And Notes

Section: Chapter Questions

Problem 1PEB: Brower Co. is considering the following alternative financing plans: Income tax is estimated at 40%...

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Question

General Accounting Question

In its 2016 annual report, Kohl's Corporation reported the
following (in millions):
Total assets
$13,574
Total stockholders' equity $5,177
Total liabilities
$8,397
What proportion of Kohl's Corporation is financed by non
owners?
A. 61.9%
B. 44.2%
C. 53.5%
D. 77%
E. None of the above

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