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Use the Following Information for Questions:
Dorada Industries' Books Revealed

Question 88

Multiple Choice

Use the following information for questions:
Dorada Industries' books revealed the following data for 2011:  Total assets $575,000 Shareholders’ equity $222,900 Current liabilities 52,100 Long-term liabilities 300,000 Operating Cash flow 125,500\begin{array} { l c c r } \text { Total assets } & \$ 575,000 & \text { Shareholders' equity } & \$ 222,900 \\\text { Current liabilities } & 52,100 & \text { Long-term liabilities } & 300,000 \\\text { Operating Cash flow } & 125,500 &\end{array}
-The debt\total assets ratio for 2011 is closest to:


A) 23.4%
B) 57.3%
C) 61.2%
D) 67.3%

Correct Answer:

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