Rajan Company's most recent balance sheet reported total assets of $1.9 million, total liabilities of $0.8 million, and total equity of $1.1 million. Its Debt to equity ratio is:
A) 0.58
B) 1.38
C) 1.00
D) 0.73
E) 0.42

Question

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The Answer of Rajan Company's most recent balance sheet reported total assets of $1.9 million, total liabilities of $0.8 million, and total equity of $1.1 million. Its Debt to equity ratio is:
A) 0.58
B) 1.38
C) 1.00
D) 0.73
E) 0.42

Rajan Company's Most Recent Balance Sheet Reported Total Assets of $1.9