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Canada Ltd's balance sheet for the financial year is given below: Current assets $140 000 Non-current assets 320 000 Current liabilities 65 000 Non-current liabilities

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Canada Ltd's balance sheet for the financial year is given below: Current assets $140 000 Non-current assets 320 000 Current liabilities 65 000 Non-current liabilities 119 000 Share capital 100 000 Retained earnings 176 000 The equity ratio is: Select one: a. 43%. b. 60%. c. 40%. d. None of the options e. 66%

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