Kilwin’s Ice Cream Parlor has current assets of $150,000, net fixed assets of$718,500, net working capital...

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Kilwin’s Ice Cream Parlor has current assets of $150,000, net fixed assets of$718,500, net working capital...

Kilwin’s Ice Cream Parlor has current assets of $150,000, net fixed assets of$718,500, net working capital of $74,000 and total book value of equity of $393,000. What is the debt-equity ratio?

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Answer 1

Answer #1

Total assets = $ 868,500 [ 718500+150000] Debt equity ratio = 1.210 | (868500-393000)/393000

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Answer 2

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Kilwin’s Ice Cream Parlor has current assets of $150,000, net fixed assets of$718,500, net working capital...

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Kilwin’s Ice Cream Parlor has current assets of $150,000, net fixed assets of$718,500, net working capital...

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Kilwin’s Ice Cream Parlor has current assets of $150,000, net fixed assets of$718,500, net working capital...