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Barger Corporation has the following data as of December 31, 2018: $ Total Current Liabilities Total Current Assets 52,910 58
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Answer #1
Total debts / Total stockholder's equity = Debt to equity ratio
$    159,830.00 / $      145,300.00 = 1.10

Working

Total current assets $        58,200.00
Other assets $        31,500.00
Property plant and equipment $      215,430.00
Total assets $      305,130.00
Less: Current liabilities $      (52,910.00)
Less: Long term liabilities $    (106,920.00)
Total stockholder's equity $    145,300.00
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