Four thousand bonds with a face value of $1,000 each, are so…

Four thousand bonds with a face value of $1,000 each, are sold at 105. The entry to record the issuance is a. Cash ………………………………………………………………………….. 4,200,000                Bonds Payable ……………………………………………………                        4,200,000   b.  Cash ………………………………………………………………………….. 4,000,000       Premium on Bonds Payable …………………………………………. 200,000                Bonds Payable ……………………………………………………                        4,200,000   c.  Cash ………………………………………………………………………….. 4,200,000                Premium on Bonds Payable ………………………………….                           200,000                Bonds Payable ……………………………………………………                         4,000,000   d.  Cash ………………………………………………………………………….. 4,200,000                Discount on Bonds Payable ………………………………….                           200,000                Bonds Payable ……………………………………………………                        4,000,000

The 2021 financial statements of Marker Co. contain the foll…

The 2021 financial statements of Marker Co. contain the following selected data (in millions).                   Current Assets                      $  75                   Total Assets                            140                   Current Liabilities                      40                   Total Liabilities                          90                   Cash                                            8   The debt to assets ratio is