Calculate the Debt to Equity Ratio given that Total Equity is $785 and Total Debt is $661. a. -0.38 b. 0.44 c. 0.84 d. 1.31
Calculate the Debt to Equity Ratio given that Total Equity is $785 and Total Debt is $661. a. -0.38 b. 0.44 c. 0.84 d. 1.31
Chapter9: Projecting Financial Statements
Section: Chapter Questions
Problem 3bM
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Transcribed Image Text:Calculate the Debt to Equity Ratio given
that Total Equity is $785 and Total Debt is
$661.
a. -0.38
b. 0.44
c. 0.84
d. 1.31
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