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

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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Question

Need help with this 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

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