A company's balance sheet reports stockholders' equity of $400,000, total liabilities of $600,000, and total assets of $1,000,000. What is the company's debt to equity ratio?
A) 1.5
B) 0.66
C) 2.5
D) 1.0
Answer: A
Accounting MCQ
Accounting
A company's balance sheet reports stockholders' equity of $400,000, total liabilities of $600,000, and total assets of $1,000,000. What is the company's debt to equity ratio?
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