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The 2017 financial statements of Cullumber Company contain the following selected data (in millions). Current assets$99Total assets175Current liabilities41Total liabilities76Cash7Interest expense7Income taxes10Net income14The debt to assets

The 2017 financial statements of Cullumber Company contain the following selected data (in millions).

Current assets$99Total assets175Current liabilities41Total liabilities76Cash7Interest expense7Income taxes10Net income14The debt to assets ratio (rounded) is

43.4%.

41.4%.

2.30%.

7.3 times.

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