Data from Lheureux Corporation's Most Recent Balance Sheet and the Company's

question 326

Multiple Choice

Data from Lheureux Corporation's most recent balance sheet and the company's income statement appear below: The debt-to-equity ratio at the end of Year 2 is closest to:

• A) 0.38
• B) 0.13
• C) 0.16
• D) 0.43

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