Casello Mowing & Landscaping's year-end 2015 balance sheet lists current assets of $436,500, fixed assets of $551,500, current liabilities of $417,900, and long-term. debt of $317,100. Calculate Casello's total stockholders' equity.
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- Ernst Company's balance sheet shows total liabilities of $21,738,200, total stockholders' equity of $7,618,000, and total assets of $31,467,200. Calculate the debt ratio.Debt-to-Total-Assets RatioRuby Company’s balance sheet reports the following totals: Assets = $40,000; Liabilities = $25,000; Stockholders’ Equity = $15,000. Determine the company’s debt-to-total-assets ratio.Charger Company's most recent balance sheet reports total assets of $30,107,000, total liabilities of $17,457,000 and total equity of $12,650,000. What is the debt to equity ratio for the period?
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