Bergman Corporation has planned to have $ 5,000,000 in assets and $ 1,000,000 in liabilities at the

Question:

Bergman has planned to have $ 5,000,000 in assets and $ 1,000,000 in liabilities at the end of the year. What is its planned debt- to- equity ratio?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...