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Westfield Industries has total assets of $540,000 and total liabilities of $180,000. What is the company's debt-to-equity ratio?

Westfield Industries has total assets of $540,000 and total liabilities of $180,000. What is the company's debt-to-equity ratio?

Corporate Fin Focused Approach
Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter3: Analysis Of Financial Statements
Section: Chapter Questions
Problem 8P
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Westfield Industries has total assets of $540,000 and total liabilities of $180,000. What is the company's debt-to-equity ratio?
Transcribed Image Text:Westfield Industries has total assets of $540,000 and total liabilities of $180,000. What is the company's debt-to-equity ratio?
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