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Surround, Inc. provides the following data: Surround, Inc. Comparative Balance Sheet Dec. 31, 2025 Assets Current Assets: Cash and Cash Equivalents $29,000 Account Receivable, Net
Surround, Inc. provides the following data: Surround, Inc. Comparative Balance Sheet Dec. 31, 2025 Assets Current Assets: Cash and Cash Equivalents $29,000 Account Receivable, Net Merchandise Inventory 31,000 53,000 Total Current Assets $113,000 Property, Plant, and Equipment, Net 120,000 Total Assets $233.000 OA. 1.17 OB. 0.05 OC. 0.41 OD. 0.7 Total Assets Liabilities Current Liabilities Accounts Payable $233,000 $4,700 Notes Payable 2,500 Total Current Liabilities $7,200 Long-term Liabilities: 89.000 Total Liabilities $96,200 Stockholders' Equity Common Stock $32,000 Retained Earnings 104.800 Total Stockholders' Equity $136,800 A. 1.17 OB. 0.05 OC. 0.41 OD. 0.7 This question Accounts Payable Notes Payable Total Current Liabilities Long-term Liabilities Total Liabilities Stockholders' Equity Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity $4,700 2,500 $7,200 89,000 $96.200 $32.000 104,800 $136,800 $233,000 Calculate the debt to equity ratio (Round your answer to two decimal places.) SOA. 1.17 OB. 0.05 OC. 0.41 OD. 0.7 Tin
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