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Debt/Equity Ratio Question 10 (5 points) Given the following balance sheet information: Liabilities Current Liabilities Accounts Payable $46,476 Total Current Liabilities $46,476 Long Term Liabilities

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Debt/Equity Ratio Question 10 (5 points) Given the following balance sheet information: Liabilities Current Liabilities Accounts Payable $46,476 Total Current Liabilities $46,476 Long Term Liabilities Bank Loan Total Long Term Liabilities $244,526 $244,526 $556,890 Owner's Equity: Calculate the Debt/Equity ratio. Your

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