Question
RealEstate Holdings Inc. Year Revenue ($M) Net Income ($M) Total Assets ($M) Total Liabilities ($M) 2021 400 50 350 150 2022 420 55 370 160
- RealEstate Holdings Inc.
Year | Revenue ($M) | Net Income ($M) | Total Assets ($M) | Total Liabilities ($M) |
2021 | 400 | 50 | 350 | 150 |
2022 | 420 | 55 | 370 | 160 |
2023 | 450 | 60 | 400 | 180 |
Calculate the debt-to-equity ratio for each year and analyze the trend.
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International Financial Reporting and Analysis
Authors: David Alexander, Anne Britton, Ann Jorissen
5th edition
978-1408032282, 1408032287, 978-1408075012
