Don't use ai tool . A company has total liabilities of $400,000 and equity of $600,000. What is the company's debt-to-equity ratio?

Auditing: A Risk Based-Approach (MindTap Course List)
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ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
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Chapter14: Completing A Quality Audit
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Don't use ai tool .

A company has total liabilities of $400,000 and equity of $600,000. What is the company's debt-to-equity ratio? 

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