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A firm has total assets of $523,100, current assets of $186,500, current liabilities of $141,000, and total debt of $215,000. What is the debt-equity ratio?.

A firm has total assets of $523,100, current assets of $186,500, current liabilities of $141,000, and total debt of $215,000. What is the debt-equity ratio?.
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A firm has total assets of $523,100, current assets of $186,500, current liabilities of $141,000, and total debt of $215,000. What is the debt-equity ratio?.

asked
User Ramesh Sivaraman
by
7.8k points

1 Answer

5 votes

Answer:

0.70

Step-by-step explanation:

Have a great day hope this helps..

answered
User Awsmike
by
8.2k points
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