Financial Accounting Harrison Corp. has total assets of$250,000 and total liabilities of $75,000.What is the company's debt-to-equityratio?

Step 1: Define Debt-to-Equity RatioDebt-to-equity ratio (D/E ratio) is a financial metric that…

Answered: Harrison Corp. has total assets of…

Corporate Fin Focused Approach

5th Edition

ISBN:9781285660516

Author:EHRHARDT

Publisher:EHRHARDT

Chapter3: Analysis Of Financial Statements

Section: Chapter Questions

Problem 8P

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Harrison Corp. has total assets of $250,000 and total liabilities of $75,000. What is the company's debt-to-equity ratio?