Deacon Corporation has provided the following financial data from its balance sheet and income statement: The company's debt-to-equity ratio at the end of Year 2 is closest to:
A) 0.43
B) 0.40
C) 0.62
D) 0.76

Question

Deacon Corporation has provided the following financial data from its balance sheet and income statement:  The company's debt-to-equity ratio at the end of Year 2 is closest to:
A) 0.43 
B) 0.40 
C) 0.62 
D) 0.76

Quizplus · Accepted Answer

The Answer of Deacon Corporation has provided the following financial data from its balance sheet and income statement:  The company's debt-to-equity ratio at the end of Year 2 is closest to:
A) 0.43 
B) 0.40 
C) 0.62 
D) 0.76

Deacon Corporation Has Provided the Following Financial Data from Its