The total debt ratio of Evergreen Logistics is 0.35. What is the company's total debt-equity ratio? (Assume no leases.)

Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter7: Financial Activities
Section: Chapter Questions
Problem 1BIC
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What is the company's total debt equity ratio on these financial accounting question?

The total debt ratio of Evergreen Logistics is
0.35. What is the company's total debt-equity
ratio? (Assume no leases.)
Transcribed Image Text:The total debt ratio of Evergreen Logistics is 0.35. What is the company's total debt-equity ratio? (Assume no leases.)
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