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A firm has total assets of $3,000,000 and stockholders equity is $1,000,000. What is the debt-to-total asset ratio? a). 45% b). 75% c). 55% d).

A firm has total assets of $3,000,000 and stockholders equity is $1,000,000. What is the debt-to-total asset ratio?

a). 45%

b). 75%

c). 55%

d). 67%

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Question

A firm has total assets of $3,000,000 and stockholders equity is $1,000,000. What is the debt-to-total asset ratio? a). 45% b). 75% c). 55% d).

A firm has total assets of $3,000,000 and stockholders equity is $1,000,000. What is the debt-to-total asset ratio? a). 45% b). 75% c). 55% d). 67%

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A firm has total assets of $3,000,000 and stockholders equity is $1,000,000. What is the debt-to-total asset ratio?

a). 45%

b). 75%

c). 55%

d). 67%