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Xtreme Sports Innovations has disclosed the following information: EBIT = $25, 664, 300 Net income = $ 13, 054,000 Net sales = $83, 125, 336

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Xtreme Sports Innovations has disclosed the following information: EBIT = $25, 664, 300 Net income = $ 13, 054,000 Net sales = $83, 125, 336 Total debit = $ 20, 885, 753 Total assets = $ 71, 244, 863 What is the Debt Equity Ratio? .25 .29 .41 None of the above

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