Question
Retail Innovations Ltd. Year Revenue ($M) Net Income ($M) Total Assets ($M) Total Liabilities ($M) 2021 150 20 120 50 2022 160 25 130 55
- Retail Innovations Ltd.
Year | Revenue ($M) | Net Income ($M) | Total Assets ($M) | Total Liabilities ($M) |
2021 | 150 | 20 | 120 | 50 |
2022 | 160 | 25 | 130 | 55 |
2023 | 170 | 30 | 140 | 60 |
Calculate the debt-to-equity ratio for each year and analyze the trend.
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
