Silverline Inc. reported total liabilities of $480,000 and total stockholders' equity of $600,000 at the end of the year. What is the company's debt-to-equity ratio? a. 0.60 b. 0.80 c. 1.25 d. 0.90
Silverline Inc. reported total liabilities of $480,000 and total stockholders' equity of $600,000 at the end of the year. What is the company's debt-to-equity ratio? a. 0.60 b. 0.80 c. 1.25 d. 0.90
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 23MCQ
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Transcribed Image Text:Silverline Inc. reported total liabilities of
$480,000 and total stockholders' equity
of $600,000 at the end of the year. What is
the company's debt-to-equity ratio?
a. 0.60
b. 0.80
c. 1.25
d. 0.90
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