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Using the Following Balance Sheet and Income Statement Data, What

Question 233

Multiple Choice

Using the following balance sheet and income statement data, what is the debt to assets ratio? Using the following balance sheet and income statement data, what is the debt to assets ratio? Average common shares outstanding was 10,000. A) 20.5 percent B) 30 percent C) 33.3 percent D) 40.9 percent Average common shares outstanding was 10,000.


A) 20.5 percent
B) 30 percent
C) 33.3 percent
D) 40.9 percent

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