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Gi Gi's Bakery has total assets of $425 million. Its total liabilities are $110 million. Its equity is $315 million. Calculate the debt ratio.

Gi Gi's Bakery has total assets of $425 million. Its total liabilities are $110 million. Its equity is $315 million. Calculate the debt ratio.
asked 107k views
3 votes
Gi Gi's Bakery has total assets of $425 million. Its total liabilities are $110 million. Its equity is $315 million. Calculate the debt ratio.

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User Shy
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8.2k points

1 Answer

5 votes
1.34 over 3.86 xxxxxxxxxxxxxxxxxx
answered
User Cristian Rennella
by
8.6k points
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