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Below is select information for Joker Company for 2017. Cash $ 13,000 Accounts receivable 11,000 Current assets 36,000 Current liabilities 33,000 Long-term debt 170,000 Short-term
Below is select information for Joker Company for 2017.
Cash | $ 13,000 |
Accounts receivable | 11,000 |
Current assets | 36,000 |
Current liabilities | 33,000 |
Long-term debt | 170,000 |
Short-term debt | 10,000 |
Total liabilities | 230,000 |
Interest expense | 15,000 |
Capital expenditures | 16,000 |
Equity | 46,000 |
Cash from operation | 1,000 |
Earnings before interest and taxes | 16,000 |
Compute the total debt to equity ratio for Joker Company.
Select one:
A. 3.696
B. 2.425
C. 0.739
D. 3.913
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