You are the college dean. What are some of the implications of this to the college? What can be done to be able to improve the college's leverage? The Debt to Asset Ratio is computed as 0.763.

Current Asset Inventory Debtors Cash Php 5,600,000 Php 3,500,000 Php 70,000 Php 9,170,000 Current Liabilities Creditors Bank Loan Php 4,900,000 Php 2,100,000 Php 7,000,000