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The 2017 financial statements of Crane Company contain the following selected data (in millions). Current assets$85Total assets165Current liabilities44Total liabilities76Cash4Interest expense4Income taxes9Net income14The debt to assets
The 2017 financial statements of Crane Company contain the following selected data (in millions).
Current assets$85Total assets165Current liabilities44Total liabilities76Cash4Interest expense4Income taxes9Net income14The debt to assets ratio (rounded) is
46.1%.
51.8%.
2.17%.
7.2 times.
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