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A company has the following financial details from its balance sheet: ⚫ Total Liabilities: $500,000 ⚫ Total Equity: $250,000 What is the company's Debt-to-Equity Ratio? Options: A. 1.5 B. 2.0 C. 2.5 D. 3.0

A company has the following financial details from its balance sheet: ⚫ Total Liabilities: $500,000 ⚫ Total Equity: $250,000 What is the company's Debt-to-Equity Ratio? Options: A. 1.5 B. 2.0 C. 2.5 D. 3.0

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 49E
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What is the company's Debt to equity ratio on these general accounting question?

A company has the following financial details from its balance sheet: ⚫ Total Liabilities: $500,000 ⚫ Total Equity: $250,000 What is the company's Debt-to-Equity Ratio? Options: A. 1.5 B. 2.0 C. 2.5 D. 3.0
Transcribed Image Text:A company has the following financial details from its balance sheet: ⚫ Total Liabilities: $500,000 ⚫ Total Equity: $250,000 What is the company's Debt-to-Equity Ratio? Options: A. 1.5 B. 2.0 C. 2.5 D. 3.0
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