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Book: 019 5 of 2 Alden Corp. has the following balances as of December 31, 2025 Total Assets $110,000 Total Liabilities 54,000 Total Equity 56,000
Book: 019 5 of 2 Alden Corp. has the following balances as of December 31, 2025 Total Assets $110,000 Total Liabilities 54,000 Total Equity 56,000 Calculate the debt to equity ratio. (Round your answer to two decimal places.) 16 A. 0.07 B. 1.96 C. 1.04 D. 0.96
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