Multiple Choice Question The 2o17 financi 210 millions Curre

Multiple Choice Question The 2o17 financi 210 millions) Current assets Total assets Current liabilities Total liabilities al statements of Sher $77 145 Cash Interest expense Income taxes Net income The debt to assets ratio (rounded) is 71.4%. a. b. 2.13%. C. 46.9%. d. 5.8 times.

Solution

Answer is C

46.90%

debt to asset ratio

total of liabilities/total assets

(68/145)*100

46.90%

total of liabilities

68

total of assets

145

debt to asset ratio	total of liabilities/total assets	(68/145)*100	46.90%
total of liabilities			68
total of assets			145