Question
HealthCare Dynamics Corp. Year Revenue ($M) Net Income ($M) Total Assets ($M) Total Liabilities ($M) 2021 200 25 150 70 2022 220 30 170 80
- HealthCare Dynamics Corp.
Year | Revenue ($M) | Net Income ($M) | Total Assets ($M) | Total Liabilities ($M) |
2021 | 200 | 25 | 150 | 70 |
2022 | 220 | 30 | 170 | 80 |
2023 | 250 | 35 | 200 | 90 |
Calculate the debt-to-equity ratio for each year and analyze the trend.
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Fundamental Accounting Principles Volume II
Authors: Larson Kermit, Jensen Tilly
14th Canadian Edition
71051570, 0-07-105150-3, 978-0071051576, 978-0-07-10515, 978-1259066511
