Question
ABC, Inc. has total equity of $356,716, long-term debt of $116,400, net working capital of $1,600, and total assets of $785,949. What is the total
ABC, Inc. has total equity of $356,716, long-term debt of $116,400, net working capital of $1,600, and total assets of $785,949. What is the total debt ratio?
| a. | 18.38 | |
| b. | 75.38 | |
| c. | 36.41 | |
| d. | 54.61 |
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Fundamentals Of Corporate Finance
Authors: Richard A. Brealey, Marcus, Alan J, Myers, Stewart C.
2nd Edition
0070074860, 9780070074866
