Question
Compute the debt ratio for each company listed below. The debt ratio reveals the proportion of assets financed with debt. Debt ratio = Total liabilities
Compute the debt ratio for each company listed below. The debt ratio reveals the proportion of assets financed with debt. Debt ratio = Total liabilities / Total assets
| ($ in millions) | Year Ended | Total Assets | Total Liabilities | Debt Ratio |
| Pepsi | 1/31/2011 | $ 3736 | $ 1558 | ????? % |
| Coca Cola | 1/31/2011 | $ 180 663 | $ 112 121 | % |
| Fanta | 12/31/2010 | $ 164 687 | $ 165 360 | % |
What is debt ratio of Pepsi in % ? Please 2 number after comma.
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Public Finance A Contemporary Application of Theory to Policy
Authors: David N Hyman
11th edition
9781305474253, 1285173953, 1305474252, 978-1285173955
