Kinsella Corporation's statement of financial position showed the following amounts: current liabilities, ($ 75,000); total liabilities, ($
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Kinsella Corporation's statement of financial position showed the following amounts: current liabilities, \(\$ 75,000\); total liabilities, \(\$ 100,000\); total assets, \(\$ 200,000\). What is the total long-term debt to total equity ratio?
a. 0.125
b. 0.25
c. 0.375
d. 0.75
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Related Book For 
Cornerstones Of Financial Accounting
ISBN: 9780176707125
2nd Canadian Edition
Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone
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