Use this information to answer the following question. The debt to equity ratio is
A) .48.
B) .34.
C) .52.
D) .66.

Name: Use this information to answer the following question. The debt to equity ratio is A) .48. B) .34. C) .52. D) .66.
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Question

Use this information to answer the following question.  The debt to equity ratio is
A) .48. 
B) .34. 
C) .52. 
D) .66.

Quizplus · Accepted Answer

Based on the given information, the debt to equity ratio can be calculated by dividing total debt ($541,000) by total equity ($1,041,000), which gives 0.52. Therefore, the correct answer is C.

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