Question: I need the correct answer to this general accounting problem using the standard accounting approach. A company reports the following balances on its balance sheet:

I need the correct answer to this general accounting problem using the standard accounting approach.

A company reports the following balances on its balance sheet: Total Liabilities: $450,000 Total Stockholders' Equity: $600,000 What is the company's Debt-to-Equity Ratio? a) 0.75 b) 1.00 c) 1.25 d) 0.50

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