In 2012,The W D Co.had total liabilities of $22,704 million and total assets of $43,679 million.In 2011,they had total liabilities of $21,990 million and total assets of $41,378 million.Calculate their debt to equity ratio for 2012 and 2011,respectively.
A).48 and .47
B).52 and .53
C).92 and .88
D)1.08 and 1.13

Question

Quizplus · Accepted Answer

The Answer of In 2012,The W D Co.had total liabilities of $22,704 million and total assets of $43,679 million.In 2011,they had total liabilities of $21,990 million and total assets of $41,378 million.Calculate their debt to equity ratio for 2012 and 2011,respectively.
A).48 and .47
B).52 and .53
C).92 and .88
D)1.08 and 1.13