The Records of Marshall Company Include the Following The Financial Leverage Percentage Is Which of the Following?
A)1

question 15

Multiple Choice

The records of Marshall Company include the following: $$\begin{array} { l r } \text { Average total assets } & \$ 3,500,000 \\\text { Average total liabilities } & 1,220,000 \\\text { Total revenue } & 4,580,000 \\\text { Total expense (including income tax) } & 4,100,000 \\\text { Interest expense (included in total expenses) } & 90,000 \\\text { Income tax rate } 40 \% &\end{array}$$ The financial leverage percentage is which of the following?

• A)1.8%
• B)2.8%.
• C)5.8%.
• D)6.4%.

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