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Info Technics Inc. has total assets equal to $1,000,000. Its total current liabilities equ

Info Technics Inc. has total assets equal to $1,000,000. Its total current liabilities equ

Info Technics Inc. has total assets equal to $1,000,000. Its total current liabilities equal $200,000 and it has no short-term debt. The firm’s total equity equals $500,000. What is the firm’s total debt to total capital ratio?

 

a. 25.00%

 

 

b. 42.75%

 

 

c. 45.00%

 

 

d. 37.50%

 

 

e. 30.33%

Abhinav 04-Dec-2019

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