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    Financial and Managerial Accounting Study Set 1
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    Exam 13: Analysis of Financial Statements
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    Stark Company's Most Recent Balance Sheet Reported Total Assets of $1.9
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Stark Company's Most Recent Balance Sheet Reported Total Assets of $1.9

Question 205

Question 205

Multiple Choice

Stark Company's most recent balance sheet reported total assets of $1.9 million,total liabilities of $0.8 million,and total equity of $1.1 million.Its Debt to equity ratio is:


A) 0.42
B) 0.58
C) 1.38
D) 0.73
E) 1.00

Correct Answer:

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