Asap XYZ Company has the following information: Total Assets $500,000, Total Liabilities $200,000, and Equity $300,000. Calculate the debt-to-equity ratio and the equity multiplier.

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 49E
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XYZ Company has the following information: Total Assets $500,000, Total Liabilities $200,000, and Equity $300,000. Calculate the debt-to-equity ratio and the equity multiplier.

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