At December 31, 2019, David Bash Company has total assets of $1,000,000, total liabilities of $720,000, and total owner's equity of $280,000.
At December 31, 2019, David Bash Company's debt-to-equity ratio is:
A) 0.28
B) 5.00
C) 0.72
D) 2.57
Correct Answer:
Verified
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