Narumi Company's debt-to-equity ratio at the end of 20 × 6 was closest to:

Question

Quizplus · Accepted Answer

The debt-to-equity ratio is calculated by dividing the company's total liabilities by its shareholder's equity. Since the question doesn't provide those numbers, we cannot calculate the exact ratio. However, we can make an educated guess based on the answer choices provided. Among the given options, only option C) has a ratio close to 1, which is usually considered an acceptable range for the debt-to-equity ratio. Therefore, C) is the best choice.

Narumi Company's Debt-To-Equity Ratio at the End of 20 ×