Using the information provided for eBay, calculate the debt-to-equity ratio at December 31, 2007, and December 31,
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Provide an explanation of what this ratio measures and whether the ratio has improved from 2007 to2008.
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From the Consolidated Balance Sheet of eBay Inc December 31 2007 2008 (dollars in thausands) Assets Total current assets Total assets. 7122,505 6286,590 $15366,037 S15,592,439 Liabilities and stockholders' equity Total current liabilities Total liabilities Total stockholders' equity Total liabilities and stockholders' equity 3,099,579 3,705,087 3,661,435 4,608,581 11,704,602 11,083,858 $15,366,037 $15,592,439
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The debttoequity ratio is a measure of the extent to which the firm is leveraged This ra...View the full answer
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Related Book For
Financial Accounting: A Business Process Approach
ISBN: 978-0136115274
3rd edition
Authors: Jane L. Reimers
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