Question
Company Procter & Gamble Co. reported total liabilities of $129.88 billion and total equity of $66.49 billion. Calculate the debt-to-equity ratio for Procter & Gamble
Company Procter & Gamble Co. reported total liabilities of $129.88 billion and total equity of $66.49 billion. Calculate the debt-to-equity ratio for Procter & Gamble Co. and discuss its interpretation in assessing financial leverage and risk. Explain the debt-to-equity ratio as a measure of a company's capital structure and its implications for solvency and creditworthiness.
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
6th Canadian edition
1118644948, 978-1118805084, 1118805089, 978-1118644942
