Kinsella Corporation's 'statement of financial position showed the following amounts: current liabilities, $75,000; total liabilities, $100,000; total assets, $200,000. What is the total long-term debt to total equity ratio? a. 0.25 b. 0.375 c. 0.125 d. 0.75

Kinsella Corporation's 'statement of financial position showed the following amounts: current liabilities, $75,000; total liabilities, $100,000; total assets, $200,000. What is the total long-term debt to total equity ratio? a. 0.25 b. 0.375 c. 0.125 d. 0.75

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 30BEB: Klynveld Companys balance sheet shows total liabilities of 94,000,000, total stockholders equity of...

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Kinsella
Corporation's statement of financial
position showed the following amounts:
current liabilities, $75,000; total liabilities,
$100,000; total assets, $200,000. What is
the total long-term debt to total equity
ratio?
a. 0.25
b. 0.375
c. 0.125
d. 0.75

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