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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
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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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)
Transcribed Image Text: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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