Multiple Choice
In 2012,The W D Co.had total liabilities of $22,704 million and total assets of $43,679 million.In 2011,they had total liabilities of $21,990 million and total assets of $41,378 million.Calculate their debt to equity ratio for 2012 and 2011,respectively.
A) .48 and .47
B) .52 and .53
C) .92 and .88
D) 1.08 and 1.13
Correct Answer:
Verified
Correct Answer:
Verified
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