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3 years ago

Cy

Business

1 answer:

natita [175]3 years ago

5 0

Answer:

33.33%

Explanation:

The debt to assets ratio indicates the proposition of a company's assets that have been financed through debt.

the formula for determining this ratio is as follows

Debt to asset ratio = Total debts/total assets x 100

For Cy Ifran, total debts or liabilities =$200,000

total assets = $600,000

Debt to asset ratio =$200,000/ $600,000

=0.33 x 100

=33.33%

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