hhamilton7872 hhamilton7872

01-12-2021
Business

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Hawley Enterprises has total assets of $387 million and total liabilities of $115 million. What is their debt to assets ratio

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joepetri0912 joepetri0912

06-12-2021

Answer:

The debt to asset ratio would be 29.7%

Explanation:

The debt to asset ratio is the total liabilities divided by total assets so, 115/387= 0.2971 or 29.71%

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