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= Titan Manufacturing's balance sheet shows the following amounts: Current Liabilities = $85,000 Long-term Bonds $45,000 Capital Lease Obligations = $30,000 Bank Loans $15,000 Total Stockholders' Equity = $120,000 Calculate the debt-to-equity ratio. = a) 1.25 b) 1.46 c) 1.58 d) 1.75

= Titan Manufacturing's balance sheet shows the following amounts: Current Liabilities = $85,000 Long-term Bonds $45,000 Capital Lease Obligations = $30,000 Bank Loans $15,000 Total Stockholders' Equity = $120,000 Calculate the debt-to-equity ratio. = a) 1.25 b) 1.46 c) 1.58 d) 1.75

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 30BEB: Klynveld Companys balance sheet shows total liabilities of 94,000,000, total stockholders equity of...
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= Titan Manufacturing's balance sheet shows the following amounts: Current Liabilities = $85,000 Long-term Bonds $45,000 Capital Lease Obligations = $30,000 Bank Loans $15,000 Total Stockholders' Equity = $120,000 Calculate the debt-to-equity ratio. = a) 1.25 b) 1.46 c) 1.58 d) 1.75
Transcribed Image Text:= Titan Manufacturing's balance sheet shows the following amounts: Current Liabilities = $85,000 Long-term Bonds $45,000 Capital Lease Obligations = $30,000 Bank Loans $15,000 Total Stockholders' Equity = $120,000 Calculate the debt-to-equity ratio. = a) 1.25 b) 1.46 c) 1.58 d) 1.75
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