Kings Company has total assets of $240,000 and total liabilities of $80,000. The company's debt-to- equity ratio is closest to:
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- Kings Company has total assets of $240,000 and total liabilities of $80,000. The company's debt-to-equity ratio is closest to:A company’s balance sheet reveals it has total assets of $8,081,700, total liabilities of $2,966,700, and total equity of $5,115,000. The current debt-to-equity ratio for this company is: 0.37. 0.58. 0.63. 1.72. 2.72.Kings Company has total assets of $240,000 and total liabilities of $80,000. The company's debt-to-equity ratio is closest to: No AI
- SSS Enterprises has total debt of $8,450 and a debt-equity ratio of 0.72. What is the value of the total assets?Debt-to-Total-Assets RatioRuby Company’s balance sheet reports the following totals: Assets = $40,000; Liabilities = $25,000; Stockholders’ Equity = $15,000. Determine the company’s debt-to-total-assets ratio.Suppose a company has debt of $71 million and a debt to total assets ratio of 0.1. This means that the company's debt-equity ratio is _____
- Financial AccountingGeisner Inc. has total assets of $1,000,000 and total liabilities of $600,000. The industry average debt-to-equity ratio is 1.20. Calculate Geisner's debt-to-equity ratio and indicate whether the company's default risk is higher or lower than the average of other companies in the industry.Financial accounting