The Corporation has the following relationships: Financial ratios available: Sales/Total assets2.0 Return on assets (ROA)4% Return on equity (ROE)5% What is Wilson’s total liabilities to total assets ratio?
A. 46%
B. 66%
C. 40%
D. 33%
E. 20%
Correct answer: E. 20%
putting the values
subtract both side from 1
Please note: Total Assets = Total Liabilities + Equity
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