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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.

User Rgwozdz
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1 Answer

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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%
User Motsi
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