The 2020 financial statements of Barker Co. contain the following selected data (in millions). Current Assets $ 75 Total Assets 134 Current Liabilities 40 Total Liabilities 116 Cash 8 The debt to assets ratio is ( %). (Round to one decimal point, e.g, 32.55-> 32.6, 32.54->32.5)

The 2020 financial statements of Barker Co. contain the following selected data (in millions). Current Assets $ 75 Total Assets 134 Current Liabilities 40 Total Liabilities 116 Cash 8 The debt to assets ratio is ( %). (Round to one decimal point, e.g, 32.55-> 32.6, 32.54->32.5)

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

ss.2

The 2020 financial statements of Barker Co. contain the following selected data (in millions).
Current Assets $ 75
Total Assets 134
Current Liabilities 40
Total Liabilities 116
Cash 8
The debt to assets ratio is (
%). (Round to one decimal point, e,g, 32.55-32.6, 32.54-32.5)

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