Use the following balance sheet and income statement information to calculate the Debt to total assets. Current assets          $  8,000      Net income              $  9,000 Current liabilities           4,000      Stockholders equity    27,000 Average assets           40,000      Total liabilities              5,000 Total assets                30,000 Average common shares outstanding was 10,000 Group of answer choices 75 %. 12.5 %. 20 %. 16.7 %.

Shown below is the liabilities and stockholders’ equity section of the balance sheet for Jana Kingston Company and Mary Ann Benson Company. Each has assets totaling $4,200,000. Jana Kingston Co. 000 Mary Ann Benson Co. Current liabilities $ 300,000 Current liabilities $0.600,000 Long-term debt, 10% 1,200,000 Common stock ($20 par) 2,900,000 Common stock ($20 par) 2,000,000 Retained earnings (Cash dividends, $328,000) 700,000 Retained earnings (Cash dividends, $220,000) 00.700,000 0 00.700,000 00 $4,200,000 00 $4,200,000 For the year, each company has earned the same income before interest and taxes. 00 0000 Jana Kingston Co. 0000 Mary Ann Benson Co. Income before interest and taxes $1,200,000** $1,200,000*** Interest expense 00120,000** 00–0–****** 00 1,080,000** 1,200,000*** Income taxes (20%) 00216,000** 00240,000*** Net income $ 864,000** $ 960,000*** At year-end, the market price of Kingston's stock was…

Calculating the Debt Ratio and the Debt-to-Equity Ratio Ernst Company's balance sheet shows total liabilities of $32,766,300, total stockholders' equity of $8,998,000, and total assets of $41,764,300. Required: 1.  Calculate the debt ratio. Round the percentage to two decimal places.fill in the blank 1% 2.  Calculate the debt-to-equity ratio. Round to two decimal places.fill in the blank 2

A public company has the following balance sheet ($000’s)   Cash                                      $540              Accounts Receivable        $4,580 Inventories                        $7,400              Long Term Debt                   $12,590 Net Fixed Assets             $18,955              Common Equity                 $18,885               Total Assets       $31,475              Total debt & Equity             $31,475 At present, the firm’s common stock is selling for a price equal to its book value, and the form’s bonds are selling at par.  The market requires a 15% return on the common stock, the firm’s bond’s command a yield to maturity of 8% and firm faces a tax rate of 34%.  What is the firm’s weighted average cost of capital?