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The 2017 financial statements of Pharoah Company contain the following selected data (in millions). Current assets $92 Total assets 145 Current liabilities 33 Total liabilities

The 2017 financial statements of Pharoah Company contain the following selected data (in millions). Current assets $92 Total assets 145 Current liabilities 33 Total liabilities 62 Cash 5 Interest expense 6 Income taxes 12 Net income 17 The debt to assets ratio (rounded) is 5.0 times. 42.8%. 35.9%. 2.34%.

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