Morgan Trading Pty Ltd has the following balance sheet figures;the debt to equity ratio is:
$$\begin{array} { l l }
& \text {\$ } \
\text { Current assets } & 500000 \
\text { Current liabilities } & 150000 \
\text { Non-current assets } & 20000 \
\text { Noncurrent liabilities } & 50000
\end{array}$$
A)71.4%
B)40%
C)30%
D)28.6%

Question

Morgan Trading Pty Ltd has the following balance sheet figures;the debt to equity ratio is:
$$\begin{array} { l l } 
& \text {\$  }  \
\text { Current assets } & 500000 \
\text { Current liabilities } & 150000 \
\text { Non-current assets } & 20000 \
\text { Noncurrent liabilities } & 50000
\end{array}$$
A)71.4%
B)40%
C)30%
D)28.6%

Quizplus · Accepted Answer

The Answer of Morgan Trading Pty Ltd has the following balance sheet figures;the debt to equity ratio is:
$$\begin{array} { l l } 
& \text {\$  }  \
\text { Current assets } & 500000 \
\text { Current liabilities } & 150000 \
\text { Non-current assets } & 20000 \
\text { Noncurrent liabilities } & 50000
\end{array}$$
A)71.4%
B)40%
C)30%
D)28.6%

Morgan Trading Pty Ltd Has the Following Balance Sheet Figures;the