Paradis Has Total Assets of $360 000,current Assets of $35

question 29

Multiple Choice

Paradis has total assets of $360 000,current assets of $35 000,current liabilities of $22 000,and total liabilities of $195 000.His debt-to-asset ratio is

• A)1.59.
• B)0.63.
• C)0.54.
• D)1.85.

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