farrahhubbard farrahhubbard
  • 13-01-2021
  • Business
contestada

A manufacturing company has total liabilities of $52,000 and total stockholders' equity of $75,000. What is the debt-to-equity ratio?

Respuesta :

hamsan
hamsan hamsan
  • 13-01-2021

Answer:

0.693

Explanation:

Debt to equity ratio= Total liability/ Shareholder equity

=$52,000/$75,000= 0.693

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