Recent financial statement data for Bethell Foods Incorporated is shown below: Current liabilities $ 180 Income before interest and taxes $12510% Bonds, long-term 360 Interest expense 36Total liabilities 540 Income before income tax expense 89Stockholders' equity   Income tax expense 27Common stock 200 Net income $ 62Retained earnings 280    Total stockholders' equity 480    Total liabilities and equity $1,020     What is the debt to equity ratio? (Round your answer to two decimal places.)Multiple Choice1.800.750.381.13

Using the financial statements below, calculate the debt to equity ratio for the current year. Please calculate to 2 decimal places.Profit and loss statement Current year Prior yearRevenue 14,800 18,500Less Cost of sales 6,000 7,500Gross profit 8,800 11,000Less expenses Wages Expense 5,500 6,500Interest Expense 2,200 2,000Depreciation Expense 1,000 1,200Advertising Expense 900 800Net profit (800) 500BALANCE SHEET Current year Prior yearCurrent assets Cash 14,250 16,700Accounts Receivable 14,000 3,500Inventory 6,000 2,500Prepaid Expenses 650 1,500Non-current assetsProperty Plant Equipment 192,500 193,500Land 210,000 210,000Total assets 437,400 427,700Current liabilitiesAccounts Payable 11,700 4,200Unearned Revenue 3,500 2,000Wages Payable 3,500 2,500Non-current liabilitiesBank Loan 118,000 122,500Total liabilities 136,700 131,200NET ASSETS 300,700 296,500Equity Share Capital 255,000 250,000Retained Earnings 45,700 46,500TOTAL EQUITY 300,700 296,500

Question 8If a company has $30,000 debt and $60,000 equity, what is its debt to equity ratio?

Becker Ltd has the following balance sheet figuresTotal assets = $500,000Total liabilities = $150,000Share capital and reserves = $350,000What is the equity ratio?Group of answer choices60%70%43%30%

What does the debt to equity ratio evaluate?1 pointWhat proportion of debt or equity a company is using to finance its assetsWhat proportion of equity a company is using to finance its profitsA company’s debt as a percentage of total liabilities and owner’s equity amount

Assets Liabilities  Accounts payable 25,000Cash 8, 000 Bank overdrafts 1,500Accounts receivables 10, 000 Long term loans 40,000Inventory 10, 000 Total liabilities 66,500Property, Plant and Equipment 100, 000 Shareholders Equity   Share capital 35,000  Retained earnings 26, 500Total Assets 128, 000 Total Liabilities and SE 128, 000 You have the following information from the balance sheet of Company X as at 30 June 2018.Calculate liquid ratio.  Question 4Select one:a.0.72b.1.12c.0.8d.1.06