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The following balance sheet information is provided for Santana Company for Year 2 : Assets Cash $ 5 , 0 0 0 Accounts receivable 1
The following balance sheet information is provided for Santana Company for Year :
Assets
Cash $
Accounts receivable
Inventory
Prepaid expenses
Plant and equipment, net of depreciation
Land
Total assets $
Liabilities and Stockholders' Equity
Accounts payable $
Salaries payable
Bonds payable due in ten years
Common stock, no par
Retained earnings
Total liabilities and stockholders' equity $
What is the company's debt to equity ratio?
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