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Samuel's Companies, operating educational tutoring centers, reported the following summarized figures: Samuel's has 1,000,000 common shares outstanding during 2020 . 1. Compute the debt ratio
Samuel's Companies, operating educational tutoring centers, reported the following summarized figures: Samuel's has 1,000,000 common shares outstanding during 2020 . 1. Compute the debt ratio and the debt to equity ratio at May 31,2020, for Samuel's companies. ( Total liabilities )/( Total assets )= Debt ratio ($)/($)=($%) ( Total liabilities )/( Total equity )= Debt to equity ratio ($)/($)
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