A firm has a debt-to-equity of 0.57. What is the debt-to-total assets ratio?

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 19MCQ
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Financial accounting

A firm has a debt-to-equity of 0.57. What is
the debt-to-total assets ratio?
Transcribed Image Text:A firm has a debt-to-equity of 0.57. What is the debt-to-total assets ratio?
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