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A corporation reports the following year-end balance sheet data. The company's debt-to-equity ratio equals $ 40,000 Current liabilities Cash Accounts receivable Inventory Equipment Total assets

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A corporation reports the following year-end balance sheet data. The company's debt-to-equity ratio equals $ 40,000 Current liabilities Cash Accounts receivable Inventory Equipment Total assets 55,900 Long-term liabilities 60,000 Common stock 145,000 Retained earnings $ 75,000 35,000 100,000 90,000 $300,000 Total liabilities and equity$300,000 Muluple Choice 0.58 127 2.07

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