Calculate the Debt to Equity Ratio given that Total Equity is $920 and Total Debt is $780. a. 0.52 b. 0.85 c. 1.10 d. 1.33

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

Calculate
the Debt to Equity
Ratio given that Total Equity is
$920 and Total Debt is $780.
a. 0.52
b. 0.85
c. 1.10
d. 1.33
Transcribed Image Text:Calculate the Debt to Equity Ratio given that Total Equity is $920 and Total Debt is $780. a. 0.52 b. 0.85 c. 1.10 d. 1.33
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