Jackson Corporation has the following amounts as of December 31, 2018. Total assets ............................ $ 55,250 Total

Question:

Jackson has the following amounts as of December 31, 2018.
Total assets ............................ $ 55,250
Total liabilities ........................ 22,750
Total equity ........................... 32,500
Compute the debt to equity ratio at December 31, 2018.
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...