Charger Company's most recent balance sheet reports total assets of $29,133,000, total liabilities of $16,683,000 and total equity of $12,450,000. The debt to equity ratio for the period is (rounded to two decimals):
A. 1.75
B. 1.34
C. 0.57
D. 0.43
E. 0.75
Answer: B
Business
You might also like to view...
If you're creating a wiki, don't worry about a long-term purpose. Instead, just let your creativity flow
Indicate whether the statement is true or false.
Business
What is channel power? Explain the various types of channel powers
What will be an ideal response?
Business
Factory Overhead is an account used solely by manufacturing companies
Indicate whether the statement is true or false
Business
Goods associated with real estate never fall within the scope of UCC Article 2.
Answer the following statement true (T) or false (F)
Business