Question
118. Comparative financial statements for Bent Stew Enterprises are shown below: Current assets: Accounts receivable Inventory Prepaid expenses Total current assets property, plant, and
118. Comparative financial statements for Bent Stew Enterprises are shown below: Current assets: Accounts receivable Inventory Prepaid expenses Total current assets property, plant, and equipment, net Intangible assets, net Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Other curtent liabilities Total current liabilities Long-term debt Total liabilities Stockholders' equity : Common stock Additional paid-in capital R etained earnings Total stockholders' equity Total liabilities and stockholders' equity Cost Of goods sold Gross malgin Operating expenses Operating income Interest expense Earnings before income taxes Income taxes Net earnings 3,000 8,300 12,000 1 400 24,900 103,600 S 11,000 22,800 142.800 15,000 20,000 $250,000 86,000 64-000 22.000 7.500 14.500 7.800 sk.zu S 800 6,000 8,200 15,900 123,300 S 12,000 15,200 143.200 15,000 20,000 s 230.000 87.700 *4-000 33.700 5.900 27.800 s-u.qu How much is Bent Stew's debt-to-equity ratio at the end of 2014? A. B. c. D. 0.35 2.87 2.41 0.74
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