Stride Rite has total assets of $425 million.Its total liabilities are $110 million.Its equity is $315 million.Calculate the debt ratio.
A)38.6%
B)13.4%
C)34.9%
D)25.9%
E)14.9%

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The Answer of Stride Rite has total assets of $425 million.Its total liabilities are $110 million.Its equity is $315 million.Calculate the debt ratio.
A)38.6%
B)13.4%
C)34.9%
D)25.9%
E)14.9%

Stride Rite Has Total Assets of $425 Million