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The following balance sheet information is provided for Santana Company for Year 2 The following balance sheet information is provided for Santana Company for Year

image text in transcribed The following balance sheet information is provided for Santana Company for Year 2

The following balance sheet information is provided for Santana Company for Year 2: $5, eee $64, 25e $2, Sie $64, 25e Assets Cash Accounts receivable Inventory Prepaid expenses Plant and equipment, Land Total assets net of depreciation Equity Liabilities and Stockholders' Accounts payable Salaries payable Bonds payable (due in ten years) Common stock, no par Retained earnings Total liabilities and stockholders' What is the company's debt to equity ratio? 11,15e 14, see 1, see 19, 2ee 13, lee 8,53e le, see 18, eee 24,61e equity

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