What is the debt-to-assets ratio at the end of 2015?
A)2.5
B)0.34
C)0.40
D)0.35

Name: What is the debt-to-assets ratio at the end of 2015? A)2.5 B)0.34 C)0.40 D)0.35
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Question

Quizplus · Accepted Answer

The debt-to-assets ratio is calculated by dividing the total liabilities by total assets. Using the figures given in the table, the calculation would be: 
Total liabilities = $77,000 + $40,000 = $117,000
Total assets = $183,000 + $112,000 = $295,000
Debt-to-assets ratio = $117,000 / $295,000 = 0.40

What Is the Debt-To-Assets Ratio at the End of 2015