Beaumont Company has no current liabilities. Its only long-term debt is $20 million of bonds payable. The

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Beaumont Company has no current liabilities. Its only long-term debt is $20 million of bonds payable. The company’s debt-to-assets ratio is 0.20 and its assets-to-equity ratio is 1.25. What is the company’s debt-to-equity ratio?

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Financial Accounting Information For Decisions

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Authors: Robert w Ingram, Thomas L Albright

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Question Posted: Jun 20, 2012 06:26 AM

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Beaumont Company has no current liabilities. Its only long-term debt is $20 million of bonds payable. The

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The debt to equity ratio is 025 Use the balance sheet equation of A L E to solv...View the full answer

Financial Accounting Information For Decisions

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