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Rating Corporation's balance sheet showed the following amounts for their liability and stockholders' equity accounts: Current Liabilities, $230,000; Bonds Payable, $280,000; Capital Lease Liability, $50,000;
Rating Corporation's balance sheet showed the following amounts for their liability and stockholders' equity accounts: Current Liabilities, $230,000; Bonds Payable, $280,000; Capital Lease Liability, $50,000; and Deferred Income Tax Liability, $50,000. Total stockholders' equity was $500,000. The debt-to-equity ratio is 00.20 O 0.35 O 1.22 055
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