GuGa's Shirt Company has current assets of $48,790; total assets of $536,780; current liabilities of $43,000; total liabilities of $323,786; and shareholders' equity of $212,994.Calculate the debt-to-equity ratio.
A) 113%
B) 60%
C) 152%
D) 66%
Correct Answer:
Verified
Q215: Chase Challengingware Store had $500,000 in total
Q216: The debt-to-equity ratio _.
A)is total shareholders' equity
Q217: The debt-to-equity ratio compares the amount of
Q218: What methods do analysts use to determine
Q219: Positive financial leverage occurs when a company
Q221: Marcy wants to expand her catering business.However,she
Q222: Lockwood Corporation had $1,523,000 in total assets,$758,000
Q223: Which financial statement(s)do you need to use
Q224: When company's debt-to-equity ratio is greater than
Q225: Financial leverage _.
A)is always good for companies
B)refers
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents