Surround,Inc.provides the following data: Calculate the debt to equity ratio.(Round your answer to two decimal places.)
A) 0.39
B) 0.05
C) 1.23
D) 0.65

Name: Surround,Inc.provides the following data: Calculate the debt to equity ratio.(Round your answer to two decimal places.) A) 0.39 B) 0.05 C) 1.23 D) 0.65
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Question

Surround,Inc.provides the following data:  Calculate the debt to equity ratio.(Round your answer to two decimal places.)
A) 0.39 
B) 0.05 
C) 1.23 
D) 0.65

Quizplus · Accepted Answer

Debt to equity ratio = Total liabilities / Total equity = $91,600 / $141,400 = 0.65