Below are 2005 and 2006 balance sheets of Hasbro, Inc. (numbers are in thousands of dollars) :
The market value of Hasbro's shares was $27.25 a share at the end of 2006 and $20.18 a share at the end of 2005.
-Refer to the information above. What was Hasbro's liabilities-to-assets ratio, based on the book value of the assets in 2006?
A) 17.9%
B) 55.3%
C) 50.3%
D) 29.3%
Correct Answer:
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