What is the debt to equity ratio? Radford Industries has the following financialdata:Current assets = $85,000•Noncurrent assets = $190,000Current liabilities = $50,000Long-term liabilities = $45,000What is the debt-to-equity ratio?

1. Identify the Relevant InformationDescriptionAmountCurrent Assets$85,000Noncurrent (Long‐term)…

Answered: Radford Industries has the following…

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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Radford Industries has the following financial data: Current assets = $85,000 • Noncurrent assets = $190,000 Current liabilities = $50,000 Long-term liabilities = $45,000 What is the debt-to-equity ratio?