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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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