Question: Recent financial statement data for Harmony Health Foods (HHF) Inc. is shown below. HHF's debt-to-equity ratio is: A. 0.75. B. 1.13. C. 0.53. D. 1.80.

Recent financial statement data for Harmony Health Foods (HHF) Inc. is shown below.


Recent financial statement data for Harmony Health Foods (HHF) I


HHF's debt-to-equity ratio is: 

A. 0.75.
B. 1.13.
C. 0.53.
D. 1.80.

$ 180 Income before interest and taxes 125 36 89 Current liabilities 1090 Bonds, long-term Total liabilities Shareholders' equity Capital stoclk Retained earnings Total shareholders' equity Total liabilities and equity 360 540 Interest expense Income before tax Income tax 200 Net income 280 480 S 62 $1,020

Step by Step Solution

3.38 Rating (170 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Calculations Total liabilities 540 ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

68-B-F-F-M (2165).docx

120 KBs Word File

Students Have Also Explored These Related Finance Questions!