SOLUTION
Total Debts = 3,60,000
Shareholders’ Funds = 1,60,000
Current Liabilities = 40,000
Total Assets = Total Debts + Shareholders’ Funds
= 3,60,000 + 1,60,000
= 5,20,000
Long-term Debts = Total Debt − Current Liabilities
= 3,60,000 − 40,000
= 3,20,000
Total assets to Debt ratio = Total assets / Debt
= 5,20,000 / 3,20,000
= 13: 8 or 1.625: 1