Question: Please help solve this question. The equation I used was Debt to capital ratio formula= Total debt / (Total debt + Total Equity) (335+450)/[(335+450)+1925] 785/(785+1925)
Please help solve this question. The equation I used was
Debt to capital ratio formula= Total debt / (Total debt + Total Equity)
(335+450)/[(335+450)+1925]
785/(785+1925)
=0.289667 = 28.96%
Total equity= common stock + retained earnings
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
