ACC 400 Course Great Wisdom / tutorialrank.com ACC 400 Course Great Wisdom / tutorialrank.com | Page 12
Total Assets 120
Current Liabilities
40
Total Liabilities
85
Cash 8
Interest Expense
5
Income Taxes 10
Net Income
16
The debt to total assets ratio is
a.
70.8%
b.
53.3%
c.
1.41%
ACC 400 Course Great Wisdom / tutorialrank.com ACC 400 Course Great Wisdom / tutorialrank.com | Page 11
ACC 400 Course Great Wisdom / tutorialrank.com ACC 400 Course Great Wisdom / tutorialrank.com | Page 13
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