FINANCIAL ACCT.FUND.(LOOSELEAF)
FINANCIAL ACCT.FUND.(LOOSELEAF)
7th Edition
ISBN: 9781260482867
Author: Wild
Publisher: MCG
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Chapter 13, Problem 15DQ
To determine

Equity ratio:

Equity ratio is the sum total of company’s debt proportion against the shareholder’s equity. It is the comparison of debt against equity utilized to fund the assets of the company.

The formula to calculate equity ratio is,

  Equity-ratio=Total liabilitiesTotal shareholders' equity

To compute: Equity ratio.

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FINANCIAL ACCT.FUND.(LOOSELEAF)

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Financial ratio analysis; Author: The Finance Storyteller;https://www.youtube.com/watch?v=MTq7HuvoGck;License: Standard Youtube License