“Bonaventure Company has total assets of $1,000,000, liabilities of $400,000, and equity of $600,000. What is its debt ratio (rounded to a whole percent)? a. 250% c. 67% e. 40% b. 167% d. 150%”

Bonaventure Company has total assets of $1,000,000, liabilities of
$400,000, and equity of $600,000. What is its debt ratio (rounded to a
whole percent)? a. 250% c. 67% e. 40% b. 167% d. 150%

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