Taylor Company has the following balances at the end of the current year: Total Assets $490,000 Total Current Liabilities 73,000 Total Long - term Liabilities 50,000 Calculate the debt to equity ratio. (Round your answer to two decimal places.) O A. 0.2 O B. 0.25 O C. 0.14 D. 0.34

Taylor Company has the following balances at the end of the current year: Total Assets $490,000 Total Current Liabilities 73,000 Total Long - term Liabilities 50,000 Calculate the debt to equity ratio. (Round your answer to two decimal places.) O A. 0.2 O B. 0.25 O C. 0.14 D. 0.34

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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Question

100%

Taylor Company has the following balances at the end of the current year:
Total Assets
$490,000
Total Current Liabilities
73,000
Total Long - term Liabilities
50,000
Calculate the debt to equity ratio. (Round your answer to two decimal places.)
O A. 0.2
B. 0.25
C. 0.14
D. 0.34

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