Britten Corp. has the following balances at the end of the current year: Total Assets Total Current

Britten Corp. has the following balances at the end of the current year:

 

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Total Assets Total Current Liabilities $300,000 57,000 190,000 Total Long-term Liabilities Total Equity 53,000 Calculate the debt to equity ratio. (Round your answer to two decimal places.) OA. 1.08 B. 5.66 C. 3.58 OD. 4.66 Total Assets Total Current Liabilities $300,000 57,000 190,000 Total Long-term Liabilities Total Equity 53,000 Calculate the debt to equity ratio. (Round your answer to two decimal places.) OA. 1.08 B. 5.66 C. 3.58 OD. 4.66

Answer rating: 100% (QA)

6 0 Solution By using given data we have to find Debt to Equity ratio Total liabilities ... View the full answer