Table 18-8
Peartree Company provides the following data:
Peartree Company
Balance Sheet
December 31,2017 Peartree Company
Income Statement
For the Year Ended December 31, 2017 * Sales revenue is all on account
-Refer to Table 18-8.What is Peartree's debt-to-equity ratio at year-end 2017?
A) 0.60:1
B) 0.92:1
C) 1.33:1
D) 0.67:1

Question

Table 18-8
Peartree Company provides the following data:
 Peartree Company
Balance Sheet
December 31,2017  Peartree Company
Income Statement
For the Year Ended December 31, 2017  * Sales revenue is all on account
-Refer to Table 18-8.What is Peartree's debt-to-equity ratio at year-end 2017?
A) 0.60:1 
B) 0.92:1 
C) 1.33:1 
D) 0.67:1

Quizplus · Accepted Answer

The Answer of Table 18-8
Peartree Company provides the following data:
 Peartree Company
Balance Sheet
December 31,2017  Peartree Company
Income Statement
For the Year Ended December 31, 2017  * Sales revenue is all on account
-Refer to Table 18-8.What is Peartree's debt-to-equity ratio at year-end 2017?
A) 0.60:1 
B) 0.92:1 
C) 1.33:1 
D) 0.67:1

Table 18-8 Peartree Company Provides the Following Data