Using the following balance sheet and income statement data, what is the debt to assets ratio? Average common shares outstanding was 15,000.
A)26 percent
B)13 percent
C)65 percent
D)35 percent

Question

Using the following balance sheet and income statement data, what is the debt to assets ratio?  Average common shares outstanding was 15,000.
A)26 percent 
B)13 percent 
C)65 percent 
D)35 percent

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The Answer of Using the following balance sheet and income statement data, what is the debt to assets ratio?  Average common shares outstanding was 15,000.
A)26 percent 
B)13 percent 
C)65 percent 
D)35 percent

Using the Following Balance Sheet and Income Statement Data, What