Refer to the following selected financial information from Winterfell Company. Compute the company's debt to equity for Year 2. $\begin{array}{lrr}
& \text { Year 2 } & \text { Year 1 } \
\text { Total assets } & \$ 327,800 & \$ 301,000 \
\text { Total liabilities } & 171,400& 169,300 \
\text { Total equity } & 156,400 & 131,700
\end{array}$
A) 0.9.
B) 1.1.
C) 0.5.
D) 1.9.
E) 2.1.

Question

Refer to the following selected financial information from Winterfell Company. Compute the company's debt to equity for Year 2. $\begin{array}{lrr} 
& \text { Year 2 } & \text { Year 1 } \
\text { Total assets } & \$ 327,800 & \$ 301,000 \
\text { Total liabilities } & 171,400& 169,300 \
\text { Total equity } & 156,400 & 131,700
\end{array}$
A) 0.9.
B) 1.1.
C) 0.5.
D) 1.9.
E) 2.1.

Quizplus · Accepted Answer

The Answer of Refer to the following selected financial information from Winterfell Company. Compute the company's debt to equity for Year 2. $\begin{array}{lrr} 
& \text { Year 2 } & \text { Year 1 } \
\text { Total assets } & \$ 327,800 & \$ 301,000 \
\text { Total liabilities } & 171,400& 169,300 \
\text { Total equity } & 156,400 & 131,700
\end{array}$
A) 0.9.
B) 1.1.
C) 0.5.
D) 1.9.
E) 2.1.

Refer to the Following Selected Financial Information from Winterfell Company