A company reports total assets of $920,000 and stockholders' equity of $520,000.Calculate the debt ratio.(Round your answer to two decimal places. )
A)36.11%
B)43.48%
C)56.52%
D)76.92%

Name: A company reports total assets of $920,000 and stockholders' equity of $520,000.Calculate the debt ratio.(Round your answer to two decimal places. ) A)36.11% B)43.48% C)56.52% D)76.92%
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Quizplus · Accepted Answer

B)
 11ea8a42_4f7a_bd61_8b44_43d27937e8ff_TB5024_00 Debt ratio = Total liabilities / Total assets = $400,000 / $920,000 = 43.48%

A Company Reports Total Assets of $920,000 and Stockholders' Equity