Stride Along has total assets of $385 million. Its total liabilities are $100 million and its equity is $285 million. Calculate its debt ratio.
A) 35.1%.
B) 26.0%.
C) 38.5%.
D) 28.5%.
E) 58.8%.

Question

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The Answer of Stride Along has total assets of $385 million. Its total liabilities are $100 million and its equity is $285 million. Calculate its debt ratio.
A) 35.1%.
B) 26.0%.
C) 38.5%.
D) 28.5%.
E) 58.8%.

Stride Along Has Total Assets of $385 Million