Use the following information for questions:
Dorada Industries' books revealed the following data for 2011: $$\begin{array} { l c c r }
\text { Total assets } & \$ 575,000 & \text { Shareholders' equity } & \$ 222,900 \
\text { Current liabilities } & 52,100 & \text { Long-term liabilities } & 300,000 \
\text { Operating Cash flow } & 125,500 &
\end{array}$$
-The debt\total assets ratio for 2011 is closest to:
A)23.4%
B)57.3%
C)61.2%
D)67.3%

Question

Use the following information for questions:
Dorada Industries' books revealed the following data for 2011: $$\begin{array} { l c c r } 
\text { Total assets } & \$ 575,000 & \text { Shareholders' equity } & \$ 222,900 \
\text { Current liabilities } & 52,100 & \text { Long-term liabilities } & 300,000 \
\text { Operating Cash flow } & 125,500 &
\end{array}$$
-The debt\total assets ratio for 2011 is closest to:
A)23.4%
B)57.3%
C)61.2%
D)67.3%

Quizplus · Accepted Answer

The Answer of Use the following information for questions:
Dorada Industries' books revealed the following data for 2011: $$\begin{array} { l c c r } 
\text { Total assets } & \$ 575,000 & \text { Shareholders' equity } & \$ 222,900 \
\text { Current liabilities } & 52,100 & \text { Long-term liabilities } & 300,000 \
\text { Operating Cash flow } & 125,500 &
\end{array}$$
-The debt\total assets ratio for 2011 is closest to:
A)23.4%
B)57.3%
C)61.2%
D)67.3%

Use the Following Information for Questions: Dorada Industries' Books Revealed

Use the Following Information for Questions:
Dorada Industries' Books Revealed