a-company-has-total-liabilities-of-500000-and-total-assets-of-1000000-what-is-it

Question

A company has total liabilities of $500,000 and total assets of $1,000,000. What is its debt to asset ratio?

Accepted Answer

0.5

Answer

1.5

Answer

0.2

Answer

2.0

A company has total liabilities of \$500,000 and total assets of \$1,000,000. What is its debt to asset ratio?