Multiple Choice
At December 31, 2019, Gevas Company has total assets of $3,000,000, total liabilities of $450,000, and total owner's equity of $2,550,000.
At December 31, 2019, Gevas debt-to-equity ratio is:
A) 0.18
B) 4.09
C) 0.65
D) 2.10
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q49: Begeman Company's net income was $225,000 for
Q50: Use the following selected 2019 balance
Q51: During 2019, Homewood Company had 50,000 shares
Q52: Use the following selected 2019 balance
Q53: Selected recent balance sheet and income
Q55: Listed below are five items or sections
Q56: Determining gross profit is the first step
Q57: At December 31, 2019, David Bash Company
Q58: On the income statement of a merchandising
Q59: Party, Inc. has no preferred stock outstanding.