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Company A has assets of $1,000,000, liabilities = 400,000 and equity = $600,000. What is the debt to asset ratio for Company A? 20% 40%
Company A has assets of $1,000,000, liabilities = 400,000 and equity = $600,000.
What is the debt to asset ratio for Company A?
| 20% | ||
| 40% | ||
| 60% | ||
| 80% | ||
| 100% |
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International Fraud Handbook
Authors: Joseph T. Wells
1st Edition
1118728505, 9781118728505
