Question: Applying the Accounting Equation and Calculating Return on Equity and Debt - to - Equity Ratio At the end of Year 2 , Alphabet, Inc.,
Applying the Accounting Equation and Calculating Return on Equity and DebttoEquity Ratio
At the end of Year Alphabet, Inc., reported stockholders equity of $ million and total assets of $ million. Its balance in stockholders equity at the end of Year was $ million. Net income in Year was $ million.
a Calculate Alphabet, Inc., return on equity ratio for Year Round your answer to one decimal place.
Note: Enter answer as a percent. Round your answer to one decimal place.
Answer
b Calculate its debttoequity ratio as of December Year Hint: Apply the accounting equation to determine total liabilities. Round your answer to one decimal place.
Note: Enter answer in decimal form. Round your answer to one decimal place.
Answer
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