Rajan Company's most recent balance sheet reported total assets of $1.9 million,total liabilities of $0.8 million,and total equity of $1.1 million.Its Debt to equity ratio is:
A)0.42
B)0.58
C)1.38
D)0.73
E)1.00

Question

Quizplus · Accepted Answer

The Answer of Rajan Company's most recent balance sheet reported total assets of $1.9 million,total liabilities of $0.8 million,and total equity of $1.1 million.Its Debt to equity ratio is:
A)0.42
B)0.58
C)1.38
D)0.73
E)1.00

Rajan Company's Most Recent Balance Sheet Reported Total Assets of $1.9