Use this information to answer the following question. The debt to equity ratio is
A) 0.48.
B) 0.34.
C) 0.52.
D) 0.66.

Name: Use this information to answer the following question. The debt to equity ratio is A) 0.48. B) 0.34. C) 0.52. D) 0.66.
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Question

Use this information to answer the following question.  The debt to equity ratio is
A) 0.48. 
B) 0.34. 
C) 0.52. 
D) 0.66.

Quizplus · Accepted Answer

The debt to equity ratio is calculated by dividing total liabilities by total equity. Looking at the given information, total liabilities are $52,000 and total equity is $100,000. Therefore, the debt to equity ratio is 0.52 (52,000/100,000).

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