Stephanie Co. has total assets of $170,000 of which $110,000 are not current assets. Working capital is $50,000 and long term-liabilities total $30,000. The company's debt-to-equity ratio is closest to:

Question 5 options:

	0.53 to 1.
	0.18 to 1.
	0.89 to 1.

Answer rating: 100% (QA)

To calculate the debttoequity ratio you can use the following formula textDebttoEquity Ratio fracTo... View the full answer