What is the debt to total assets ratio, Accounting Basics

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What is the debt to total assets ratio

The 2007 financial statements of Shadow Co. contain the following selected data (in millions).

Current Assets $ 75
Total Assets 120
Current Liabilities 40
Total Liabilities 85
Cash 8
Interest Expense 5
Income Taxes 10
Net Income 16

what is the debt to total assets ratio ?

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Accounting Basics: What is the debt to total assets ratio

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Accounting Basics: What is the debt to total assets ratio

Reference No:- TGS091880

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Recent Questions Asked Accounting Basics

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Ask an Expert for Answer!!

Accounting Basics: What is the debt to total assets ratio

Reference No:- TGS091880

Recent Questions Asked Accounting Basics

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Q : What are the total long-term liabilities

Q : Amount of the proceeds allocated to the preferred stock

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