The Following Data Came from the Financial Statements of Petrini

question 67

Multiple Choice

The following data came from the financial statements of Petrini Company:

-Refer to Exhibit 14-6. Given the information above, compute the debt-to-equity ratio (rounded to two decimal places) for Petrini Company.

• A) 0.86
• B) 1.86
• C) 1.16
• D) 0.54

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