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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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