Answered

Discover the best answers at Westonci.ca, where experts share their insights and knowledge with you. Explore our Q&A platform to find in-depth answers from a wide range of experts in different fields. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

A company has total assets of $150,000; total liabilities of $50,000 and total equity of $100,000. What is this company’s debt-to-equity ratio?

Sagot :

Answer:

150,000-50,000÷ 100,000= 1 ratio

Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.