Multiple Choice
Using the following balance sheet and income statement data, what is the debt to assets ratio? 
Average common shares outstanding was 15,000.
A) 26 percent
B) 13 percent
C) 65 percent
D) 35 percent
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q16: The debt to assets ratio measures the
Q17: Characteristics associated with faithfully representative accounting information
Q18: Kingery Corporation has current assets of $1,800,000
Q22: Which of the following is a measure
Q23: Information presented in a clear and concise
Q24: N3 Corporation has assets of $4,200,000, common
Q25: The concept that a business has a
Q39: To be faithfully representative accounting information should
Q78: The economic entity assumption states that economic
Q95: A major function of management is to