Keystone Corporation's balance sheet showed the followingliability and stockholders' equity amounts: CurrentLiabilities, $100,000; Bonds Payable, $150,000; Long-TermLease Obligations, $20,000; Deferred Income Tax Liability,$5,000; and total stockholders' equity, $500,000. Thedebt-to-equity ratio isOa. 0.35.Оb. 0.20.Ос. 1.22.Od. 0.55.

Answered: heet show amounts: ble, $150, erred…

Business

Accounting

heet show amounts: ble, $150, erred Incor quity, $50

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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