-Refer to Table 4 -2. The Debt to Total Assets ratio for 2007 was approximately
A) 0.84.
B) 0.52.
C) 1.19.
D) 1.94.

Question

-Refer to Table 4 -2. The Debt to Total Assets ratio for 2007 was approximately
A) 0.84. 
B) 0.52. 
C) 1.19. 
D) 1.94.

Quizplus · Accepted Answer

The Debt to Total Assets ratio is calculated by dividing total debt by total assets. Without the specific numbers from Table 4-2, the correct answer cannot be determined directly from the question. However, given the typical range for this ratio (0 to 1, where numbers closer to 0 indicate less debt relative to assets), option B) 0.52 is the most plausible choice as it falls within this expected range.