McGraw Inc. uses a variety of methods to analyze its financial statements. Its most recent balance sheet shows that it has total debt equal to $5880 compared to total assets of $16,140. When McGraw uses trend analysis, it uses its financial statement values from two years ago. Two years ago, McGraw had $5200 ot total debt on its balance sheet. In a common-size balance sheet, what value would be displayed for total debt?
41.39%
42.01%
36.43%
37.67%
46.96%
In a common-base year balance sheet, what value would be displayed for total debt?
1.2654
1.4000
1.2462
1.4385
1.1308