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Drupady [299]
2 years ago
9

Assets are financed by creditors and owners. At 1/29/2021, approximately what percentage of Dollar General’s assets are financed

by owners? Round to the nearest hundredth.
Business
1 answer:
Vlad [161]2 years ago
7 0

Based on the amount of equity and that of assets, the percentage funded by owners is<u> 29.4%. </u>

<h3>What is the Percentage financed by owners?</h3>

This can be found by the formula:

= Equity / Assets x 100%

Solving gives:

= 6,702,500 / 22,825,084 x 100%

= 29.4%

In conclusion, 29.4% is financed by the owners.

Find out more on Equity at brainly.com/question/25847981.

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