Stride Along has total assets of $425 million. Its total liabilities are $110 million. Its equity is $315 million. Calculate the debt ratio.
A) 38.6%.
B) 13.4%.
C) 34.9%.
D) 25.9%.
E) 14.9%.

Question

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The Answer of Stride Along has total assets of $425 million. Its total liabilities are $110 million. Its equity is $315 million. Calculate the debt ratio.
A) 38.6%.
B) 13.4%.
C) 34.9%.
D) 25.9%.
E) 14.9%.

Stride Along Has Total Assets of $425 Million