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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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 |
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