A company's balance sheet reports total liabilities of $2,000,000. The debt to equity ratio is 2.5. What is the company's stockholders' equity?
A) $800,000
B) $320,000
C) $1,000,000
D) $2,000,000
Answer: A
Accounting MCQ
Accounting
A company's balance sheet reports total liabilities of $2,000,000. The debt to equity ratio is 2.5. What is the company's stockholders' equity?
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