The total debt to assets of Lan’ s landscaping was 0.51. The total of LAN’s assets was $234,000. What’s the amount of total debt?

To find the total debt, we can use the formula for the total debt to assets ratio:

\[
\text{Total Debt to Assets} = \frac{\text{Total Debt}}{\text{Total Assets}}
\]

Given:
- Total Debt to Assets = 0.51
- Total Assets = $234,000

We can rearrange the formula to solve for total debt:

\[
\text{Total Debt} = \text{Total Debt to Assets} \times \text{Total Assets}
\]

Substituting the known values:

\[
\text{Total Debt} = 0.51 \times 234,000
\]

Calculating this gives:

\[
\text{Total Debt} = 119,340
\]

Thus, the amount of total debt for Lan’s landscaping is **$119,340**.

Would you like further details on this calculation or have any questions? Here are some related questions you might consider:

1. How does the debt to assets ratio affect a company's financial health?
2. What are the implications of a high or low debt to assets ratio?
3. How can a company improve its debt to assets ratio?
4. What other financial ratios should be considered alongside debt to assets?
5. What are the possible sources of debt for a landscaping company? 

**Tip:** Regularly monitor financial ratios to keep track of your company’s financial stability.

The total debt to assets of Lan’s landscaping was 0.51. The total of LAN’s assets was $234,000. What’s the amount of total debt?

Learn how to find the total debt for Lan's Landscaping using the debt to assets ratio. Given a ratio of 0.51 and total assets of $234,000, this problem covers financial ratios and basic algebra. Suitable for high school students in Grades 10-12.

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