Question
TB MC Qu. 02-145 Jennings Co. has total assets of... Jennings Co. has total assets of $435.0 million. Its total liabilities are $115.5 million. Its
TB MC Qu. 02-145 Jennings Co. has total assets of...
Jennings Co. has total assets of $435.0 million. Its total liabilities are $115.5 million. Its equity is $320 million. Calculate the debt ratio. (Round your answer to 1 decimal place.)
Multiple Choice
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37.4%.
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13.8%.
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36.2%.
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26.6%.
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15.3%.
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Financial Accounting
Authors: Pauline Weetman
8th Edition
129224447X, 9781292244471
