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Wichita, Incorporated reported the following amounts on its financial statements prepared as of the end of the current accounting period: $234,000 201,840 $ 32,160 $

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Wichita, Incorporated reported the following amounts on its financial statements prepared as of the end of the current accounting period: $234,000 201,840 $ 32,160 $ 67,000 201,000 $268,000 Revenues Expenses Net Income Current Assets Long-term Assets Total Assets Current Liabilities Long-term Liabilities Total Liabilities Common Stock Retained Earnings Total Equity Total Liabilities and Equity $ 54,000 97,000 151,000 $ 57,000 60,000 117,000 $268,000 What is the company's debt-to-assets ratio? Multiple Choice 56% 6% 38% 12%

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