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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
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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
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. 0.40 to 1
d. 3.90 to 1
e. 0.74 to 1
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