A company with long-term debt of 80, lease obligations of 20, total assets of 1,000, and total liabilities of 350 has a:
A)Total debt ratio of approximately .10
B)Total debt ratio of approximately .23
C)Long-term debt ratio of approximately .15
D)debt-to-equity ratio of approximately .15 Equity = 1000 - 350 = 650

Question

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The Answer of A company with long-term debt of 80, lease obligations of 20, total assets of 1,000, and total liabilities of 350 has a:
A)Total debt ratio of approximately .10
B)Total debt ratio of approximately .23
C)Long-term debt ratio of approximately .15
D)debt-to-equity ratio of approximately .15 Equity = 1000 - 350 = 650

A Company with Long-Term Debt of 80, Lease Obligations of 20