What is the debt-to-assets ratio at the end of 2012?
A) .60
B) .34
C) .40
D) .35

Name: What is the debt-to-assets ratio at the end of 2012? A) .60 B) .34 C) .40 D) .35
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Question

Quizplus · Accepted Answer

To calculate debt-to-assets ratio, we can use the formula: Total Debt/Total Assets. 
At the end of 2012, the total debt was $400,000 and the total assets were $1,000,000. 
Using the formula: 
Debt-to-assets ratio = $400,000 / $1,000,000 = 0.4 or 40%. 
Therefore, the best choice is C.

What Is the Debt-To-Assets Ratio at the End of 2012