Question
For the fiscal year ending December 2015, ExxonMobil had a book value of $106,020 million in long-term liabilities and a book value of $165,586 million
For the fiscal year ending December 2015, ExxonMobil had a book value of $106,020 million in long-term liabilities and a book value of $165,586 million in total stockholder equity. What was ExxonMobils book debt-to-equity ratio? Do not round at intermediate steps in your calculation. Express your answer in decimal form to three decimal places.
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Financial Management Theory And Practice
Authors: Eugene F Brigham, Michael C Ehrhardt
11th Edition
0324259689, 9780324259681
