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A company has a debt-to-equity ratio of 0.85. Calculate the debt-to-total assets ratio.

A company has a debt-to-equity ratio of 0.85. Calculate the debt-to-total assets ratio.

Corporate Fin Focused Approach
Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter3: Analysis Of Financial Statements
Section: Chapter Questions
Problem 8P
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provide correct answer General accounting

A company has a debt-to-equity ratio of 0.85. Calculate the debt-to-total assets ratio.
Transcribed Image Text:A company has a debt-to-equity ratio of 0.85. Calculate the debt-to-total assets ratio.
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