Question: final answer Consider the following balance sheet data for XYZ Company: Current Assets 5100: Long term assts $500: Current liabilities 560: Long Term Debt $280;
Consider the following balance sheet data for XYZ Company: Current Assets 5100: Long term assts $500: Current liabilities 560: Long Term Debt $280; Other Liabilities 570 Equity 5190 What is the company's debt-equity ratio? A. 3.5 B. 2.58 C. 5.4 D. None of the above
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