Question
What is the debt/net worth ratio and the debt to total assets ratio for a firm with total debt of $600,000 and equity of $400,000?
What is the debt/net worth ratio and the debt to total assets ratio for a firm with total debt of $600,000 and equity of $400,000? Note that assets=debt+equity
- 1.5, 40%
- 60%; 1.5
- 40%; 1.5
- 1.5; %60
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Revealing The Invisible How Our Hidden Behaviors Are Becoming The Most Valuable Commodity Of The 21st Century
Authors: Thomas Koulopoulos ,George Achillias
1st Edition
1682616193, 978-1682616192
