Charger companies most recent balance sheet reports total assets of $29,375,000 total liabilities of 16,875000 And...
Homework Answers
Total Liabilities = $16,875,000
Total Equity = $12,500,000
Debt to Equity Ratio = Total Liabilities / Total Equity
Debt to Equity Ratio = $16,875,000 / $12,500,000
Debt to Equity Ratio = 1.35
So, the debt to equity ratio for the period is 1.35
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