Debt to equity ratio
= Total Liabilities/Total equity
= 18,850,000/13,000,000
= 1.45
Option E
Charger Company's most recent balance sheet reports total assets of $31,850,000, total liabilities of $18,850,000 and...
Charger Company's most recent balance sheet reports total assets of $30,107,000, total liabilities of $17,457,000 and total equity of $12,650,000. The debt to equity ratio for the period is (rounded to two decimals):
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