Calculate the Debt to Equity Ratio given that Total Equity is $920 and Total Debt is $1,104. a. 0.83 b. 1.20 c. 1.45 d. 0.95

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter9: Projecting Financial Statements
Section: Chapter Questions
Problem 3bM
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General accounting

Calculate the Debt to Equity Ratio given that Total Equity is $920 and
Total Debt is $1,104.
a. 0.83
b. 1.20
c. 1.45
d. 0.95
Transcribed Image Text:Calculate the Debt to Equity Ratio given that Total Equity is $920 and Total Debt is $1,104. a. 0.83 b. 1.20 c. 1.45 d. 0.95
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