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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

Corporate Fin Focused Approach
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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What is the company's debt to equity ratio on these general accounting question?

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
Transcribed Image Text: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
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