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) 0.29
B) 0.38
C) 0.23
D) 0.64

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) 0.29 
B) 0.38 
C) 0.23 
D) 0.64

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) 0.29 
B) 0.38 
C) 0.23 
D) 0.64

Deacon Corporation Has Provided the Following Financial Data from Its