Below is selected information from Marker's 2012 financial statements:
- Marker's Liabilities to Assets Ratio for 2012 is
A) 105.1%
B) 63.1%
C) 78.3%
D) 100.0%

Question

Below is selected information from Marker's 2012 financial statements: 
- Marker's Liabilities to Assets Ratio for 2012 is
A) 105.1% 
B) 63.1% 
C) 78.3% 
D) 100.0%

Quizplus · Accepted Answer

The Liabilities to Assets Ratio is calculated by dividing total liabilities by total assets and multiplying by 100 to get a percentage. The correct calculation should give a result of 63.1%, indicating that the liabilities are 63.1% of the assets.

Below Is Selected Information from Marker's 2012 Financial Statements