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Oxford Inc. reported the following selected information for the years ended June 30, 2020 and June 30, 2019: 2020 2019 Total current assets 160000 150000
Oxford Inc. reported the following selected information for the years ended June 30, 2020 and June 30, 2019: 2020 2019 Total current assets 160000 150000 Total assets 400000 460000 Total current liabilities 2000 1000 Total liabilities 20000 10000 Total revenues 1020000 760000 Net income 550000 490000 Required: What percentage (%) of the company's assets are financed by its shareholders (owners) as at June 30, 2020? Round to 2 decimal places and do not enter a percentage sign after your response
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