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21) A firm has a total debt ratio of 50. What is its (TOTAL LIABILITIES / TOTAL EQUITY) ratio? Please give your answer in decimal
21) A firm has a total debt ratio of 50. What is its (TOTAL LIABILITIES / TOTAL EQUITY) ratio? Please give your answer in decimal form and not as a percentage. Please put the number on the answer sheet. DEBT TO EQUITY = TOTAL LIAB/TOTAL EQUITY TOTAL DEBT = TOTAL LIAB TOTAL ASSETS = 50
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
1st Edition
0073382256, 9780073382258
