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The Liabilities of a Company at the End of the Year

Question 26

Multiple Choice

The liabilities of a company at the end of the year are $530,000 and the total stockholders' equity at the end of the year is $1,080,000. The debt to stockholders' equity ratio is: (Round your answer two decimal places.)


A) 0.49 to 1.
B) 0.33 to 1.
C) 0.67 to 1.
D) 3.04 to 1.

Correct Answer:

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