A company reports the following information on its year-end financial statements:
$$\begin{array} { l l }
\text { Cument assets } & \$ 300 \
\text { Non-current assets } & 700 \
\text { Current liabilities } & 150 \
\text { Non-current liabilities } & 250
\end{array}$$
Shareholders' equity 600
What is the debt-to-equity ratio?
A) 50.0%
B) 66.7%
C) 40.0%
D) 33.3%

Question

A company reports the following information on its year-end financial statements:
$$\begin{array} { l l } 
\text { Cument assets } & \$ 300 \
\text { Non-current assets } & 700 \
\text { Current liabilities } & 150 \
\text { Non-current liabilities } & 250
\end{array}$$
Shareholders' equity 600
What is the debt-to-equity ratio?
A) 50.0%
B) 66.7%
C) 40.0%
D) 33.3%

Quizplus · Accepted Answer

The Answer is B

A Company Reports the Following Information on Its Year-End Financial