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Author Question: Island Industries had total assets of $620,000; total liabilities of $180,000; and total ... (Read 90 times)

mspears3

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Island Industries had total assets of $620,000; total liabilities of $180,000; and total Stockholders' Equity of $440,000. Island's debt ratio is: (Round your final answer to the nearest whole number.)
◦ 29%.
◦ 71%.
◦ 17%.
◦ 41%.


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Marked as best answer by mspears3 on Feb 18, 2020

pocatato

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mspears3

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Reply 2 on: Feb 18, 2020
YES! Correct, THANKS for helping me on my review


elyse44

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Reply 3 on: Yesterday
:D TYSM

 

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