객관식
On its December 31 balance sheet, XYZ Company reported total assets of \$880,000 and total liabilities of \$560,000. What is the company's debt to equity ratio?
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15. Financial Statement Analysis
Ratios: Debt to Equity Ratio
객관식
At the beginning of the year, ABC Company had total assets of \$600,000, Total Liabilities of \$360,000, and Total Equity of \$240,000. At the end of the year, total assets had increased to \$800,000, Total Liabilities decreased to \$320,000 and Total Equity increased to \$480,000. What was the change in the company's debt to equity ratio during the year?
A
Increase by 0.83
B
Increase by 0.20
C
Decrease by 0.83
D
Decrease by 0.20
E
No change in the debt to equity ratio
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