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Annie, an accountant, is running late to a meeting where she's supposed to report the debt-to-equity ratio for Peloton. She glances at Peloton's most recent
Annie, an accountant, is running late to a meeting where she's supposed to report the debt-to-equity ratio for Peloton. She glances at Peloton's most recent balance sheet on her desktop and sees it had Assets totaling $4,486 million and Equity totaling $1,754 million, but she didn't have time to look up the total Liabilities! What is Peloton's debt-to-equity ratio?
Question 16 options:
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.64
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2.55
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.39
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1.56
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We cannot calculate the debt-to-equity ratio with this information
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