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Compute the company debt to total assets ratio

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Sabrina's Subs shows the following on its balance sheet.

Current assets = $425,000

Long-term and other assets = $500,000

Current liabilities = $165,000

Long-term and other liabilities = $150,000

Problem 1: Compute the company's debt to total assets ratio.

Group of answer choices

Option 1: 0.39

Option 2: 0.55

Option 3: 0.34

Option 4: 0.21

Reference no: EM133004376

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