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The 2017 financial statements of Sandhill Co. contain the following selected data (in millions). Current assets$93Total assets153Current liabilities54Total liabilities68Cash4Interest expense4Income taxes9Net income17The debt to assets

The 2017 financial statements of Sandhill Co. contain the following selected data (in millions).

Current assets$93Total assets153Current liabilities54Total liabilities68Cash4Interest expense4Income taxes9Net income17The debt to assets ratio (rounded) is

5.9 times.

44.4%.

58.1%.

2.25%.

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