Current assets $18,000

Net sales

$40,000

Current liabilities 8.000

Total liabilities

10,000

Average assets 80,000

Shareholders' equity 50,000

Total assets

60.000

Market price of shares

54

Net income

18,000

Weighted average number of common shares 26,000

What is the debt to total assets ratio?

MC Current assets $18,000 Net sales $40,000 Current liabilities 8,000 Total liabilities 10,000 Average assets 80,000 Shareholders' equity 50,000 Total assets 60,000 Market price of shares $4 Net income 18,000 Weighted average number of common shares 26,000 What is the debt to total assets ratio? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 12.596 b 20.096 75.096 d 16.796