A company reports total assets of $910,000 and stockholders' equity of $530,000. Calculate the debt ratio.

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asked Apr 28, 2021 28.4k views

1 Answer

Motsi · Answer 1 · 2021-05-04T05:31:48+0000

Answer: 42%

Step-by-step explanation:

Liabilities= assets-stockholders equity, the debt ratio formula is= (liabilities/ assets)

We solve, ( $910,000-$530,000)=$380,000

$380,000/$910,000= 42%

A company reports total assets of $910,000 and stockholders' equity of $530,000. Calculate the debt ratio.

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A company reports total assets of​ $910,000 and​ stockholders' equity of​ $530,000. Calculate the debt ratio.

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A company reports total assets of $910,000 and stockholders' equity of $530,000. Calculate the debt ratio.