Selected balance sheet data follow for Zeveea Company for the year ended December 31 (in millions). What is the company’s liabilities-to-equity ratio? Total operating Total nonoperating Total current Total Total liabilities and liabilities liabilities liabilities liabilities shareholders’ equity $6,055 $5,260 $4,624 $11,315 $16,511 Select one: a. 0.89 b. None of these are correct. c. 0.28 d. 2.18 e. 0.69

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Selected balance sheet data follow for Zeveea Company for the year ended December 31 (in millions).
What is the company’s liabilities-to-equity ratio?

Total operating Total nonoperating Total current Total Total liabilities and
liabilities liabilities liabilities liabilities shareholders’ equity
$6,055 $5,260 $4,624 $11,315 $16,511
Select one:
a. 0.89
b. None of these are correct.
c. 0.28
d. 2.18
e. 0.69
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