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Delta Pty Ltd Has the Following Balance Sheet Figures A) 583%
B) 36

Question 49

Multiple Choice

Delta Pty Ltd has the following balance sheet figures.The debt to equity ratio is:
Current assets $300000 Current liabilities200000 Non-current assets650000Non-current liabilities 150000\begin{array}{|l|r|}\hline \text{Current assets }& \$ 300000 \\\hline\text{ Current liabilities} & 200000 \\\hline\text{ Non-current assets} & 650000 \\\hline \text{Non-current liabilities }& 150000 \\\hline\end{array}


A) 58.3%
B) 36.8%
C) 23.1%
D) 80.0%

Correct Answer:

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