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Malibu Inc. reported the following (in millions) on its year-end balance sheet: Total liabilities $4,086.0 Total shareholders equity $2,889.4 What proportion of Malibu Inc. is

Malibu Inc. reported the following (in millions) on its year-end balance sheet:

Total liabilities

$4,086.0

Total shareholders equity

$2,889.4

What proportion of Malibu Inc. is financed by nonowners?

Group of Answer Choices

78.6%

41.4%

58.6%

70.7%

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