Question

The Jeffer's company has a debt ratio (total debt to total assets) of 0.365. If their total assets are $739,000, what is their total debt?

A) $269,735
B) $469,265
C) $1,008,735
D) $2,024,657

Answer 1

The answer is D 2,024,657

Answer 2

A

Explanation:

0.365 x 739,000= 269,735