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

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter9: Projecting Financial Statements
Section: Chapter Questions
Problem 3bM
icon
Related questions
Question

Calculate the debt to equity ratio general accounting

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
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
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer