Table 4-2 Income Statement and Balance Sheet for Sam's Appliances.

Refer to table 4-2. The Debt to tota assets ratio for 2017 was approximately.

a. 0.52

b. 0.84

c. 1.19

d. 1.94

QUESTION 2 95 Table 4-2 Income Statement and Balance Sheet for Sam's Appliances Income Statement 11 Balance Sheet Years Ending December 31 11 January 1 through December 312|| 23 Years Years ACCOUNT 2006 2007 2008 CATEGORY LARRUAR 2006 2007 2008 Net Sales S31 330 $ 441511462 Curent Assets 82 94 $ 111 Cost of Goods Sold 14 200 2 35 Fixed Assets 1215208 Gross Profits 182 1241 227 Total Assets AS 297 302 306 Operating 3331 Expenses 148 163 1 81 Liabilities and Owner's Equity EBIT 3 4578511146 Current Liabilities SR271 SAN792 SUN 97N Interest 1201015 SETLER & Total Long Tem Debt 168 M T V EBT 1 529 $2.71 $ 38 Total Liabilities 3 95 S 156 157 Taxes 10 Owner's Equity 02 146 M 149 Net Profit S 215 53 $ 28 Total Liabilities & OERWISU 297 311302 S1306 Refer to Table 4-2. The Debt to Total Assets ratio for 2007 was approximately O 0.52 O 0.84. O 1.19. O 1.94