Question: Selected financial data for Channel Co. is provided below: 24 X 02 18:48 ($ in millions) Sales Interest expense Tax expense Net income Total assets

Selected financial data for Channel Co. is provided below: 24 X

Selected financial data for Channel Co. is provided below: 24 X 02 18:48 ($ in millions) Sales Interest expense Tax expense Net income Total assets (beginning of year) Total assets (end of year) Total liabilities (end of year) Total stockholders' equity (end of year) $50,000 1,000 2,000 7,000 54,000 60,000 24,000 36,000 What is the debt to equity ratio for Channel Co.? Multiple Choice 0 0 0

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