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

The Debt-to-Equity Ratio is calculated using the formula:Debt-to-Equity Ratio=Total EquityTotal…

Answered: Calculate the Debt to Equity Ratio…

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter9: Projecting Financial Statements

Section: Chapter Questions

Problem 3bM

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Total assets are $1,500,000 and stockholders’ equity is $900,000. What is the debtto-equity ratio?a. 0.33b. 0.50c. 0.60d. 0.67
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need the calculation for debt to assets ratio, debt equity ratio, long-term debt to equity and times interest earned ratio. CURRENT ASSETS Cash and cash equivalents $ 5,910 $ 5,238 Marketable securities 406 503 Accounts receivable 10,888 9,645 Less: Allowance for credit losses (138) (93) Accounts receivable, net 10,750 9,552 Assets held for sale 1,197 0 Other current assets 1,953 1,810 Total Current Assets 20,216 17,103 Property, Plant and Equipment, Net 32,254 30,482 Operating Lease, Right-of-Use Asset 3,073 2,856 Goodwill 3,367 3,813 Intangible Assets, Net 2,274 2,167 Investments and Restricted Cash 25 24 Deferred Income Tax Assets 527 330 Other Non-Current Assets 672 1,082 Total Assets 62,408 57,857 Current Liabilities: Current maturities of long-term debt, commercial paper and finance leases 2,623 3,420 Operating Lease, Liability, Current 560 538 Accounts payable 6,455 5,555 Accrued wages and withholdings 3,569 2,552…
Hi, how do you derive to this formula? please enlighten, thankyou

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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