Sales Cost of Goods Sold Operating Expenses Income Taxes Net Income Dollars 2005 2004 $ 450,000 $ 500,000 $ 300,000 $ 380,000 S 80,000 $ 60,000 S 30,000 $ 25,000 $ 40,000 $ 35,000 Component Percentage 2005 2004 100.096 100.0% A 76.096 17 896 B 6.7% 5.0% 8.896 7:05 Use the information above. Calculate the component percentages of (A) and (B) Select one e a 66.7% and 12.0%, respectively b. 66.7% and 13.0% respectively 0 C. 84 4% and 12.0%, respectively Od 66.7% and 16.0%, respectively Consider the following account balances presented in no particular order Cash $50,000 Accounts Payable $20,000 Plant and Equipment $300,000 Mortgage Note Payable (due in 5 years) $200,000 Accounts Receivable $16,000 Merchandise Inventory $80,000 Wages Payable $35,000 Income Tastes Payable $20,000 Marketable Securities $15,000 Use the information above. There are no other assets or liabilities Calculate the total debt to assets ratio Select one O a 0 651 1.0.667 c. 0.618 0.597