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Selected Data from 2017 Financial Statements of Xi Corporation Include

Question 91

Multiple Choice

Selected data from 2017 financial statements of Xi Corporation include the following (amount in millions) :  Current assets ¥759 Total assets 1,200 Current liabilities 400 Total liabilities 750 Cash 80 Interest expense 50 income taxes 100 Net income 160\begin{array}{lr}\text { Current assets } & ¥ 759 \\\text { Total assets } & 1,200 \\\text { Current liabilities } & 400 \\\text { Total liabilities } & 750 \\\text { Cash } & 80 \\\text { Interest expense } & 50 \\\text { income taxes } & 100 \\\text { Net income } & 160\end{array} The debt to assets ratio is


A) 62.5%.
B) 52.7%.
C) 1.60%.
D) 6.2 times.

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