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Using the following to determine the debt-to-equity ratio. Common Stock $300,000 Current Assets $100,000 Current Liabilities $50,000 Intangible Assets $120,000 Investments $200,000 Long-term Liabilities $250,000

Using the following to determine the debt-to-equity ratio.

Common Stock $300,000
Current Assets $100,000
Current Liabilities $50,000
Intangible Assets $120,000
Investments $200,000
Long-term Liabilities $250,000
Other Assets $80,000
Property, Plant & Equipment $300,000
Retained Earnings $200,000

A.

0.62

B.

0.77

C.

None of these

D.

0.60

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