Solved

A Company Has Current Assets of $5 Million and Long

Question 122

Multiple Choice

A company has current assets of $5 million and long term assets of $10 million.Current liabilities total $2.5 million,and long term liabilities total $5.5 million.What is the Debt-to Assets ratio for the company?


A) 2
B) .625
C) 0.5
D) .53

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions