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A firm has total assets of $3,000,000 and stockholders equity is $1,000,000. What is the debt-to-total asset ratio? a). 45% b). 75% c). 55% d).
A firm has total assets of $3,000,000 and stockholders equity is $1,000,000. What is the debt-to-total asset ratio?
| a). 45% | ||
| b). 75% | ||
| c). 55% | ||
| d). 67%
|
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The Power Of Accounting What The Numbers Mean And How To Use Them
Authors: Lawrence Lewis
1st Edition
0415884306, 978-0415884303
