22. What is the debt to equity using the following information? Remember to express it as...

 

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22. What is the debt to equity using the following information? Remember to express it as a % and take it out two decimal places. Year Ended 2019 Sales $25000 Cost of Sales $12000 Gross Profit $13000 Net income $16000 Current assets $21000 Total Liabilities $19000 Stockholders' Equity $32000 Current Liabilities $7000 22. What is the debt to equity using the following information? Remember to express it as a % and take it out two decimal places. Year Ended 2019 Sales $25000 Cost of Sales $12000 Gross Profit $13000 Net income $16000 Current assets $21000 Total Liabilities $19000 Stockholders' Equity $32000 Current Liabilities $7000 22. What is the debt to equity using the following information? Remember to express it as a % and take it out two decimal places. Year Ended 2019 Sales $25000 Cost of Sales $12000 Gross Profit $13000 Net income $16000 Current assets $21000 Total Liabilities $19000 Stockholders' Equity $32000 Current Liabilities $7000

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To calculate the debt to equity ratio we need to divide the total liabilities by ... View the full answer