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The 2017 financial statements of Carla Vista Co. contain the following selected data (in millions). Current assets $97 Total assets 165 Current liabilities 39 Total
The 2017 financial statements of Carla Vista Co. contain the following selected data (in millions).
Current assets
$97
Total assets
165
Current liabilities
39
Total liabilities
68
Cash
4
Interest expense
6
Income taxes
8
Net income
16
The debt to assets ratio (rounded) is
41.2%.
6.9 times.
40.2%.
2.43%.
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