Multiple Choice
In 2014, The W D Co. had total liabilities of $22,704 million and total assets of $43,679 million. In 2013, they had total liabilities of $21,990 million and total assets of $41,378 million. Calculate their debt to equity ratio for 2014 and 2013, respectively.
A) .92 and .88
B) 1.08 and 1.13
C) .52 and .53
D) .48 and .47
Correct Answer:
Verified
Correct Answer:
Verified
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