Blue Corporation has $2,000,000 in total liabilities and $3,500,000 in total assets. Required: Calculate Blues debt to

Question:

Blue Corporation has $2,000,000 in total liabilities and $3,500,000 in total assets.

Required:
Calculate Blue’s 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...