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The 2017 financial statements of Sandhill Co. contain the following selected data (in millions). Current assets$93Total assets161Current liabilities53Total liabilities63Cash6Interest expense5Income taxes8Net income15The debt to assets

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

Current assets$93Total assets161Current liabilities53Total liabilities63Cash6Interest expense5Income taxes8Net income15The debt to assets ratio (rounded) is

57.0%.

7.0 times.

2.56%.

39.1%.

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