A portion of Lapore Corporation's Balance Sheet appears below: The company's debt-to-equity ratio at the end of Year 2 is closest to:
A)0.60
B)0.37
C)0.39
D)0.27

Question

A portion of Lapore Corporation's Balance Sheet appears below:  The company's debt-to-equity ratio at the end of Year 2 is closest to:
A)0.60 
B)0.37 
C)0.39 
D)0.27

Quizplus · Accepted Answer

The Answer of A portion of Lapore Corporation's Balance Sheet appears below:  The company's debt-to-equity ratio at the end of Year 2 is closest to:
A)0.60 
B)0.37 
C)0.39 
D)0.27

A Portion of Lapore Corporation's Balance Sheet Appears Below