Financial statements for Nardella Company appear below:
-Nardella Company's debt-to-equity ratio at the end of Year 2 was closest to:
A) 0.31
B) 0.23
C) 0.70
D) 0.54

Question

Financial statements for Nardella Company appear below:  
-Nardella Company's debt-to-equity ratio at the end of Year 2 was closest to:
A) 0.31 
B) 0.23 
C) 0.70 
D) 0.54

Quizplus · Accepted Answer

The Answer of Financial statements for Nardella Company appear below:  
-Nardella Company's debt-to-equity ratio at the end of Year 2 was closest to:
A) 0.31 
B) 0.23 
C) 0.70 
D) 0.54

Financial Statements for Nardella Company Appear Below