Venture Corporations total assets are 3 times greater than total equity; total equity is 50% of total
Question:
Venture Corporations total assets are 3 times greater than total equity; total equity is 50% of total liabilities. The total debt to total assets ratio is
A) .67
B) .75
C) .87
D) Undeterminable with the information given.
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A 67 Computation of the Total Debt to Total Asset Ratio Total Debt to Total Asset Ratio Tot...View the full answer
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Related Book For
Entrepreneurial Finance
ISBN: 978-1305968356
6th edition
Authors: J. Chris Leach, Ronald W. Melicher
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