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

User Nadizan
by
7.7k points

1 Answer

11 votes

Answer:

0.693

Step-by-step explanation:

Debt to equity ratio= Total liability/ Shareholder equity

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

User Shogunivar
by
6.9k points
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