9. Marco Incorporated had total current assets of $245,000, current liabilities of $150,000, common stock of $20,000, non- current liabilities of $30,000, and retained earnings $45,000. The debt to assets ratio for Marco, Incorporated is: a. 61% b. 16% c. 73% d. 81%

9. Marco Incorporated had total current assets of $245,000, current liabilities of $150,000, common stock of $20,000, non- current liabilities of $30,000, and retained earnings $45,000. The debt to assets ratio for Marco, Incorporated is: a. 61% b. 16% c. 73% d. 81%

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 30BEB: Klynveld Companys balance sheet shows total liabilities of 94,000,000, total stockholders equity of...

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9. Marco Incorporated had total current assets of $245,000, current liabilities of $150,000, common stock of $20,000, non-
current liabilities of $30,000, and retained earnings $45,000. The debt to assets ratio for Marco, Incorporated is: a. 61% b.
16% c. 73% d. 81%

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