Johnson Enterprises has total assets of $250,000 and total liabilities of $100,000. What is the company's debt-to-equity ratio? A. 0.40 B. 0.67 C. 0.80 D. 1.00
Johnson Enterprises has total assets of $250,000 and total liabilities of $100,000. What is the company's debt-to-equity ratio? A. 0.40 B. 0.67 C. 0.80 D. 1.00
Chapter3: Analysis Of Financial Statements
Section: Chapter Questions
Problem 8P
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What is the company's debt to equity ratio on these general accounting question?
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