find the total debt to total assetss for the bakery for 2012.
totl liabilities-5342
total assests-8754
owners capital-3412
total liabilities and owners equity-8754
To find the total debt to total assets for the bakery in 2012, you need to divide the total liabilities by the total assets. The total liabilities can be calculated by subtracting the owner's capital from the total liabilities and owner's equity.
Total liabilities = Total Liabilities and Owners' Equity - Owner's Capital
In this case, the total liabilities can be calculated as follows:
Total liabilities = 8754 - 3412
Total liabilities = 5342
Now that we have the total liabilities, we can calculate the total debt to total assets ratio:
Total debt to total assets ratio = Total Liabilities / Total Assets
Total debt to total assets ratio = 5342 / 8754
The total debt to total assets ratio for the bakery in 2012 is approximately 0.61 or 61%.