Assume the following data: Long-term debt = 100; Value of leases = 20; Book value of equity = 80; Market value of equity = 100.Calculate the debt-equity ratio.
A)0.50
B)0.60
C)1.00
D)1.50

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The Answer of Assume the following data: Long-term debt = 100; Value of leases = 20; Book value of equity = 80; Market value of equity = 100.Calculate the debt-equity ratio.
A)0.50
B)0.60
C)1.00
D)1.50

Assume the Following Data: Long-Term Debt = 100; Value of Leases