Multiple Choice
Pearly Gates Inc.has a debt-to-assets ratio of 0.55.This means that:
A) stockholders' equity is 55% of total assets.
B) stockholders' equity is 45% of total assets.
C) investors provide 55% of the company's financing.
D) liabilities are 55% of equity.
Correct Answer:
Verified
Correct Answer:
Verified
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