Business
Business, 24.06.2019 21:10, jep88

Using the following balance sheet and income statement data, what percent of assets was financed by the creditors? current assets $ 21,000 net income $ 45,000 current liabilities 12,000 stockholders’ equity 63,000 average assets 132,000 total liabilities 27,000 total assets 90,000 average common shares outstanding was 15,000. a. 20.5 percent b. 30 percent c. 33.3 percent d. 40.9 percent

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