Please provide correct answer the financial accounting question In the 2023 annual report, kohl's Inc. reported the following (inmillions):-Total assets = $15,320-Total stockholders' equity = $6,340-Total liabilities = $8,980What proportion of kohl's Inc. is financed by nonowners?A. 58.7%B. 42.3%C. 63.2%D. 72.7%E. None of the above

Step 1: Analysis of information providedTotal assets = $15,320Total stockholders' equity =…

Answered: In the 2023 annual report, kohl's Inc.…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

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Chapter1: Financial Statements And Business Decisions

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In the 2023 annual report, kohl's Inc. reported the following (in millions): -Total assets = $15,320 -Total stockholders' equity = $6,340 -Total liabilities = $8,980 What proportion of kohl's Inc. is financed by nonowners? A. 58.7% B. 42.3% C. 63.2% D. 72.7% E. None of the above