Debt-to-equity ratio will able corporations balance sheet, Ask an Expert

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Debt-to-Equity Ratio Will Able Corporation's balance sheet showed the following amounts: Current Liabilities, $24,505; Bonds Payable, $18,000; Lease Obligations, $24,183; and Notes Payable, $6,595. Total stockholders' equity was $36,100. Required: What is the debt-to-equity ratio? Round your answer to two decimal places.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91604027

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