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The following financial statement data are taken from Segura's annual report: (in millions) Current assets $8,870 Other assets 606 Intangibles 915 Property, plant, and equipment
The following financial statement data are taken from Segura's annual report:
| (in millions) |
Current assets | $8,870 |
Other assets | 606 |
Intangibles | 915 |
Property, plant, and equipment | 2,510 |
Current liabilities | 7,513 |
Long-term liabilities | 750 |
Long-term debt | 1,332 |
Stockholders' equity | 3,306 |
Compute the debt / tangible net worth ratio.
a. | 4.01 to 1 | |
b. | 1.34 to 1 | |
c. | 3.90 to 1 | |
d. | 0.74 to 1 | |
e. | 0.40 to 1 |
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