Given the following data: $\begin{array}{lrr}&\text { Dec. } 31 \text {, Year } 2&\text { Dec. } 31 \text {, Year } 1\
\text { Total liabilities } & \$ 128,250 & \$ 120,000 \
\text { Total stockholders' equity } & 95,000 & 80,000
\end{array}$
Compute the ratio of liabilities to stockholders' equity for each year. Round to two decimal places.
A) 1.50 and 1.07, respectively
B) 1.35 and 1.50, respectively
C) 1.07 and 1.19, respectively
D) 1.19 and 1.35, respectively

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The Answer of Given the following data: $\begin{array}{lrr}&\text { Dec. } 31 \text {, Year } 2&\text { Dec. } 31 \text {, Year } 1\
\text { Total liabilities } & \$ 128,250 & \$ 120,000 \
\text { Total stockholders' equity } & 95,000 & 80,000
\end{array}$
Compute the ratio of liabilities to stockholders' equity for each year. Round to two decimal places.
A) 1.50 and 1.07, respectively
B) 1.35 and 1.50, respectively
C) 1.07 and 1.19, respectively
D) 1.19 and 1.35, respectively

Given the Following Data Compute the Ratio of Liabilities to Stockholders' Equity for Each