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Sagot :
Wilson's realty has total assets of $824,510, net fixed assets of $475,137, current liabilities of $82,183, and long-term liabilities of $509,553
Total Debt Ratio is 0.17
total debt ratio = total liability / total assets
= current + long-term liabilities / total assets
= 82183 + 509553 / 824510
= 0.71
Note: TDR = total assets - total equity / tot assets
The ratio of total debt to total assets, represented as a decimal or percentage, is known as the debt ratio. The percentage of a company's assets that are financed by debt is one way to understand it. Ratio larger than 1 indicates that a significant portion of a firm's assets are financed by debt, indicating that the company has more liabilities than assets.
A debt ratio of less than 100% signifies a corporation has more assets than debt, and a debt ratio of larger than 1.0 or 100% means the opposite.
To know more about Debt Ratio
brainly.com/question/14553933
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