Glenbrook Corp. has $920,000 in total liabilities and $1,150,000 in total stockholders' equity at year-end. What is the company's debt-to-equity ratio?

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter3: Analysis Of Financial Statements
Section: Chapter Questions
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Glenbrook Corp. has $920,000 in total liabilities
and $1,150,000 in total stockholders' equity at
year-end.
What is the company's debt-to-equity ratio?
Transcribed Image Text:Glenbrook Corp. has $920,000 in total liabilities and $1,150,000 in total stockholders' equity at year-end. What is the company's debt-to-equity ratio?
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