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The 2017 financial statements of Sunland Company contain the following selected data (in millions). Current assets $75 Total assets 185 Current liabilities 39 Total liabilities
The 2017 financial statements of Sunland Company contain the following selected data (in millions).
Current assets $75
Total assets 185
Current liabilities 39
Total liabilities 64
Cash 9
Interest expense 4
Income taxes 11
Net income 13
The debt to assets ratio (rounded) is
2.89%
7.7 times.
34.6%.
52.0%
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