Alexander Corp Calculate the Debt to Equity Ratio

question 192

Multiple Choice

Alexander Corp.has the following balances as of December 31,2017: $$\begin{array} { | l | r | } \hline \text { Total Assets } & \$ 110,000 \\\hline \text { Total Liabilities } & 67,000 \\\hline \text { Total Equity } & 43,000 \\\hline\end{array}$$ Calculate the debt to equity ratio.(Round your answer to two decimal points. )

• A)0.64
• B)0.92
• C)1.56
• D)2.56

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