Question
Tech Innovations Inc. Year Revenue ($M) Net Income ($M) Total Assets ($M) Total Liabilities ($M) 2021 120 15 100 40 2022 150 20 120 50
- Tech Innovations Inc.
Year | Revenue ($M) | Net Income ($M) | Total Assets ($M) | Total Liabilities ($M) |
2021 | 120 | 15 | 100 | 40 |
2022 | 150 | 20 | 120 | 50 |
2023 | 180 | 25 | 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
