Multiple Choice
Stephanie Co.has total assets of $170,000 of which $110,000 are not current assets.Working capital is $50,000 and long term-liabilities total $30,000.The company's debt-to-equity ratio is closest to:
A) 0.18 to 1.
B) 0.31 to 1.
C) 0.53 to 1.
D) 0.89 to 1.
Correct Answer:
Verified
Correct Answer:
Verified
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