Question 3 of 3 View Policies Current Attempt in Progress Shown below is condensed...
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Accounting
Question 3 of 3 View Policies Current Attempt in Progress Shown below is condensed financial information for Sipacore Industries. December 31, 2022 December 31, 2021 Total assets $ 411,000 $395,000 Total liabilities 237,147 214,880 Interest expense 27,600 18,200 Income tax expense 99,000 95,000 Net income 307,280 286,600 (a) Calculate the debt to total assets ratio for 2021 and 2022. (Round answers to 1 decimal place, es. 5.2.) 2021 2022 Debt to total assets 96 96 Save for Later Attempts: 0 Question Part Score
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