Following Is Financial Statement Information for Rogex Corporation: Cash =

question 64

Multiple Choice

Following is financial statement information for Rogex Corporation: cash = $242; accounts receivable = $850; inventory = $820; net fixed assets = $3,408; accounts payable = $700; short-term notes payable = $740; long-term liabilities = $1,100; common stock = $1,160; and retained earnings = $1,620. The total-debt-to-total-assets ratio for Rogex is:

• A)0.48
• B)0.71
• C)0.27
• D)0.53

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