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?

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter3: Analysis Of Financial Statements
Section: Chapter Questions
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What is the debt to equity ratio? Accounting question

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?
Transcribed Image Text: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?
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