Question
A company's balance sheet reveals it has total assets of $7,612,500, total liabilities of $2,537,500, and total equity
A company's balance sheet reveals it has total assets of $7,612,500, total liabilities of $2,537,500, and total equity of $5,075,000. The current debt-to-equity ratio for
this company is:
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Koala Tutor
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The debt-to-equity ratio is calculated by dividing total liabilities by total equity.
So, for this company, the debt-to-equity ratio would be $2,537,500 / $5,075,000 = 0.5.
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