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XYZ Corp data: ⚫ Total assets: $800,000 . Total liabilities: $300,000 ⚫ Total stockholders' equity: $500,000 What is the debt-to-equity • ratio? a) 0.45 b) 0.60 c) 0.75 d) 0.55

XYZ Corp data: ⚫ Total assets: $800,000 . Total liabilities: $300,000 ⚫ Total stockholders' equity: $500,000 What is the debt-to-equity • ratio? a) 0.45 b) 0.60 c) 0.75 d) 0.55

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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XYZ Corp data: ⚫ Total assets: $800,000 . Total liabilities: $300,000 ⚫ Total stockholders' equity: $500,000 What is the debt-to-equity • ratio? a) 0.45 b) 0.60 c) 0.75 d) 0.55
Transcribed Image Text:XYZ Corp data: ⚫ Total assets: $800,000 . Total liabilities: $300,000 ⚫ Total stockholders' equity: $500,000 What is the debt-to-equity • ratio? a) 0.45 b) 0.60 c) 0.75 d) 0.55
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