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Question 1 (1 point) Stark Company's most recent balance sheet reported total assets of $1.76 million, total liabilities of $0.87 million, and total equity of

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Question 1 (1 point) Stark Company's most recent balance sheet reported total assets of $1.76 million, total liabilities of $0.87 million, and total equity of $0.89 million. Its Debt to equity ratio is: A) 1.02 B) 0.98 OC) 0.51 D) 1.00 E) 0.49 Question 2 (1 point) A corporation reports the following year-end balance sheet data. The company's acid-test ratio equals: Cash Accounts receivable Inventory $ 58,000 Current liabilities 73,000 Long-term liabilities $ 93,000 44,000 118,00 0 117,00 Equipment 78,000 Common stock 163,00 Retained earnings 0 372,00 Total liabilities and O equity Total assets 372,00 A) 0.63 B) 0.58 OC) 2.25 OD) 0.37 OE) 1.41

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