ACC 400 Experience Tradition / tutorialrank.com ACC 400 Experience Tradition / 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 %