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Question 4 Not yet answered Marked out of 1.25 P Flag question Data from the financial statements of Nancarrow Brothers Co. and J. C Murphy,
Question 4 Not yet answered Marked out of 1.25 P Flag question Data from the financial statements of Nancarrow Brothers Co. and J. C Murphy, Inc. are presented below (in millions): Total liabilities, 2019 Total liabilities, 2018 Total assets, 2019 Total assets, 2018 Net Sales, 2019 Net income, 2019 Nancarrow Brothers Co. $70,914 72,208 100,372 94,114 306,932 280 J. Murphy Inc $47,422 60,092 73,744 70,416 163,040 1,572 To the nearest hundredth, what is the 2019 debt-to-total assets ratio for Nancarrow Brothers Co.? Select one: A. 3.78 B. 0.26 C.0.71 D. 44.16
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