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Data from the financial statements of Kroger King and SuperDeal, Inc., are presented below (in millions): Kroger King SuperDeal, Inc. Total liabilities, Year 2 $20,261
Data from the financial statements of Kroger King and SuperDeal, Inc., are presented below (in millions):
Kroger King | SuperDeal, Inc. | |
---|---|---|
Total liabilities, Year 2 | $20,261 | $13,549 |
Total liabilities, Year 1 | 18,052 | 15,023 |
Total assets, Year 2 | 25,093 | 16,436 |
Total assets, Year 1 | 23,257 | 17,604 |
Revenue, Year 2 | 76,733 | 40,851 |
Net income, Year 2 | 70 | 393 |
To the nearest hundredth, what is the Year 2 debt-to-total-assets ratio for Kroger King?
Select one:
a. 0.26
b. 0.81
c. 3.78
d. 44.16
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