Multiple Choice
At December 31, Williams Company has total assets of $500,000, total liabilities of $300,000, and total owner's equity of $200,000.
At December 31, Williams Company's debt-to-equity ratio is:
A) 0.25
B) 5.00
C) 0.80
D) 1.50
E) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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