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24-04-2022
Mathematics

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The total debts to total assets ratio of Ranford Co. was .29. The total of Ranford's assets was $200,000. What's the amount of total debt to the company?

A. $68,000
B. $75,000
C. $58,000
D. $65,000

Respuesta :

musiclover10045 musiclover10045

24-04-2022

Multiply assets by ratio

200,000 x 0.29 = $58,000

answer: c. $58,000

Answer Link

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