A company has total liabilities of $677,000 and total equity of $532,000. What is the debt-to-equity ratio? 1. 1.27 2. 0.75 3. 1.08 4. 1.54
A company has total liabilities of $677,000 and total equity of $532,000. What is the debt-to-equity ratio? 1. 1.27 2. 0.75 3. 1.08 4. 1.54
Chapter12: Current Liabilities
Section: Chapter Questions
Problem 3MC: The following is selected financial data from Block Industries: How much does Block Industries have...
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![A company has total liabilities of $677,000
and total equity of $532,000. What is the
debt-to-equity ratio?
1. 1.27
2. 0.75
3. 1.08
4. 1.54](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8de68582-3a5d-43d6-80b6-2d72cd094896%2F0d432b40-603e-47e3-9cd0-29ea6a506403%2Fr7iyu2l_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A company has total liabilities of $677,000
and total equity of $532,000. What is the
debt-to-equity ratio?
1. 1.27
2. 0.75
3. 1.08
4. 1.54
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