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Tor, Co. had total current assets of $83,000 and total long-term assets of $615,000. Tor had no other assets. Tor has had total current liabilities
Tor, Co. had total current assets of $83,000 and total long-term assets of $615,000. Tor had no other assets. Tor has had total current liabilities of $43,000 and total long-term liabilities of $361,000. How much of Tors assets were financed with debt?
| 42.1% | |
| 57.9% | |
| 58.7% | |
| 51.7% |
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