Question
A firm has total assets of $958,090, current assets of $304,522, current liabilities of $183,012, and total debt of $382,901. What is the debt-equity ratio?
A firm has total assets of $958,090, current assets of $304,522, current liabilities of $183,012, and total debt of $382,901. What is the debt-equity ratio?
Multiple Choice
-
.67
-
1.03
-
1.31
-
1.43
-
1.20
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
A Guide To Starting Your Hedge Fund
Authors: John Thompson, Erik Serrano Berntsen
1st Edition
0470519401, 978-0470519400
