Solved

Refer to the Following Selected Financial Information from Keller Company

Question 132

Multiple Choice

Refer to the following selected financial information from Keller Company. Compute the company's debt to equity for Year 2.  Year 2  Year 1  Total assets $327,800$301,000 Total liabilities 171,400169,300 Total equity 156,400131,700\begin{array} { | l | r | c | } \hline & \text { Year 2 } &{ \text { Year 1 } } \\\hline \text { Total assets } & \$ 327,800 & \$ 301,000 \\\hline \text { Total liabilities } & 171,400 & 169,300 \\\hline \text { Total equity } & 156,400 & 131,700 \\\hline\end{array}


A) 1.9.
B) 0.5.
C) 1.1.
D) 0.9.
E) 2.1.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions