Burkhart Corporation has the following data as of December 31, 2024: Total Current Liabilities $ 45,380 Total Stockholders' Equity $? Total Current Assets 35,720 Other Assets 37,400 Long-term Liabilities 140,245 Property, Plant, and Equipment, Net 261,005 Compute the debt to equity ratio at December 31, 2024. (Round your answer to two decimal places, X.XX.) II = Debt to equity ratio

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
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Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
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Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 17BEA: Ernst Companys balance sheet shows total liabilities of 32,500,000, total stockholders equity of...
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Burkhart Corporation has the following data as of December 31, 2024:
Total Current Liabilities $ 45,380
Total Stockholders' Equity
Total Current Assets
35,720
Other Assets
Long-term Liabilities
140,245
Property, Plant, and Equipment, Net
Compute the debt to equity ratio at December 31, 2024. (Round your answer to two decimal places, X.XX.)
=
$?
37,400
261,005
Debt to equity ratio
Transcribed Image Text:Burkhart Corporation has the following data as of December 31, 2024: Total Current Liabilities $ 45,380 Total Stockholders' Equity Total Current Assets 35,720 Other Assets Long-term Liabilities 140,245 Property, Plant, and Equipment, Net Compute the debt to equity ratio at December 31, 2024. (Round your answer to two decimal places, X.XX.) = $? 37,400 261,005 Debt to equity ratio
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