Question
If a company's assets are $100,000, liabilities are $50,000, and equity is $50,000, what is the company's debt-to-equity ratio?
If a company's assets are $100,000, liabilities are $50,000, and equity is $50,000, what is the company's debt-to-equity ratio?
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The debttoequity ratio DE ratio for this company is 100 The de...Get Instant Access to Expert-Tailored Solutions
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Financial Accounting
Authors: Walter Jr. Harrison, Charles T. Horngren, C. William Thomas, Greg Berberich, Catherine Seguin
6th Canadian edition
134564146, 978-0134141091, 134141091, 978-0134564142
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