You hear that Developments has a current ratio of and a debt ratio of .

1.

How much in current assets does Developments have for every dollar of current liabilities that it owes?

2.

What does the current ratio measure?

3.

What percentage of Developments' total assets are financed with debt?

1. How much in current assets does Developments have for every dollar of current liabilities that it owes?

For every dollar of current liabilities, Developments has $_______

2: What percentage of Developments' total assets are financed with debt?

Petunia Development __________of its total assets financed with debt.