Question
A company has a debt-to-equity ratio of 1.5 and total assets of $100,000. What is the total amount of debt?
A company has a debt-to-equity ratio of 1.5 and total assets of $100,000. What is the total amount of debt?
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Financial accounting
Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom
9th edition
978-0132751216, 132751127, 132751216, 978-0132751124
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