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QUESTION
The 2017 financial statements of Sandhill Co. contain the following selected data (in millions).
The 2017 financial statements of Sandhill Co. contain the following selected data (in millions).
Current assets$93Total assets153Current liabilities54Total liabilities68Cash4Interest expense4Income taxes9Net income17The debt to assets ratio (rounded) is
5.9 times.
58.1%.
2.25%.
44.4%.
