Kinsella Corporations balance sheet showed the following amounts: Current Liabilities, $75,000; Total Liabilities, $100,000; Total Assets, $200,000.
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Kinsella Corporation’s balance sheet showed the following amounts: Current Liabilities, $75,000; Total Liabilities, $100,000; Total Assets, $200,000.
What is the long-term debt to equity ratio?
a. 0.75
b. 0.375
c. 0.25
d. 0.125
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Related Book For
Cornerstones Of Financial Accounting Current Trends Update
ISBN: 9781111527952
1st Edition
Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen
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