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In the most recent fiscal year, Potter Industries reported current assets of $560,000; current liabilities of $85,250; long-term assets of $391,600; long-term liabilities of $250,125;
In the most recent fiscal year, Potter Industries reported current assets of $560,000; current liabilities of $85,250; long-term assets of $391,600; long-term liabilities of $250,125; stockholders' equity of $616,225; and net income of $456,125. What is Potter's debt to assets ratio? O 78.5% O 35.2% O 58.0% O 126.5%
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Analysis For Financial Management
Authors: Robert Higgins, Jennifer Koski, Todd Mitton
13th Edition
1260772365, 978-1260772364
