Account question A company has total assets of $500,000, total liabilities of $200,000, and total equity of $300,000. Calculate the company's debt-to-equity ratio.
Account question A company has total assets of $500,000, total liabilities of $200,000, and total equity of $300,000. Calculate the company's debt-to-equity ratio.
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 17BEA: Ernst Companys balance sheet shows total liabilities of 32,500,000, total stockholders equity of...
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A company has total assets of $500,000, total liabilities of $200,000, and total equity of $300,000. Calculate the company's debt-to-equity ratio.
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