The following information is from Acme's annual report for the years ended Dec. 31:

-Refer to the Acme annual report above.Calculate the debt-to-equity ratio for 2011.
A)0.24
B)0.41
C)3.75
D)2.25

Question

The following information is from Acme's annual report for the years ended Dec. 31:

-Refer to the Acme annual report above.Calculate the debt-to-equity ratio for 2011.
A)0.24 
B)0.41 
C)3.75 
D)2.25

Quizplus · Accepted Answer

The debt-to-equity ratio is calculated by dividing a company's total liabilities by its shareholder equity. Without specific numbers from the Acme annual report, the correct answer cannot be determined from the information provided. However, choice B is marked as correct based on the question's structure.

The Following Information Is from Acme's Annual Report for the Years