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The 2020 financial statements of Cullumber Company contain the following selected data (in millions). Current assets $79 Total assets 147 Current liabilities 40 Total liabilities
The 2020 financial statements of Cullumber Company contain the following selected data (in millions). Current assets $79 Total assets 147 Current liabilities 40 Total liabilities 70 Cash 9 Interest expense 7 Income taxes 8 Net income 15 The debt to assets ratio (rounded) is O 47.6% O 2.10%. O 6.4 times. O 50.6%
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