Use the following financial information to calculate the debt to equity ratio. Income from operations Value...

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Use the following financial information to calculate the debt to equity ratio. Income from operations Value of unpaid labor and management Average total assets Interest expense Average total equity Gross revenue Current assets Current liabilities Total liabilities-end of year Total assets-end of year Total net worth-end of year Total nonfarm income Depreciation expense Total income tax expense Scheduled prin. and int. pay. on term loans Total operating expenses a. 0.5529 b. 0.7619 c. 0.2381 d.0.3125 $100,000 $42,000 $850,000 $20,000 $600,000 $470,000 $250,000 $150,000 $250,000 $1,050,000 $800,000 $30,000 $60,000 $22,000 $20,000 $370,000 Use the following financial information to calculate the debt to equity ratio. Income from operations Value of unpaid labor and management Average total assets Interest expense Average total equity Gross revenue Current assets Current liabilities Total liabilities-end of year Total assets-end of year Total net worth-end of year Total nonfarm income Depreciation expense Total income tax expense Scheduled prin. and int. pay. on term loans Total operating expenses a. 0.5529 b. 0.7619 c. 0.2381 d.0.3125 $100,000 $42,000 $850,000 $20,000 $600,000 $470,000 $250,000 $150,000 $250,000 $1,050,000 $800,000 $30,000 $60,000 $22,000 $20,000 $370,000

Answer rating: 100% (QA)

The debt to equity ratio is 05529 Explanation The ... View the full answer