FINANCIAL ACCOUNTING- MILFORD INC. HAS A DEBT-TO-EQUITY RATIO OF 0.80. IT HAS TOTAL SHAREHOLDERS' EQUITY OF $2.5 MILLION AND CURRENT LIABILITIES OF $750,000. HOW MUCH LONG-TERM DEBT IS OUTSTANDING?
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- Ernst Companys balance sheet shows total liabilities of 32,500,000, total stockholders equity of 8,125,000, and total assets of 40,625,000. Required: Note: Round answers to two decimal places. 1. Calculate the debt ratio. 2. Calculate the debt-to-equity ratio.Klynveld Companys balance sheet shows total liabilities of 94,000,000, total stockholders equity of 75,000,000, and total assets of 169,000,000. Required: Note: Round answers to two decimal places. 1. Calculate the debt ratio. 2. Calculate the debt-to-equity ratio.How do I solve this?
- Suppose a company has debt of $71 million and a debt to total assets ratio of 0.1. This means that the company's debt-equity ratio is _____A firm has a long-term debt-equity ratio of 0.5. Shareholders' equity is $1.04 million. Current assets are $228,000, and the current ratio is 1.9. The only current liabilities are notes payable. What is the total debt ratio? Note: Round your answer to 2 decimal places. Total debt ratioA firm has a long-term debt-equity ratio of 0.4. Shareholders’ equity is $839,800. Current assets are $237,800, and the current ratio is 2.25. The only current liabilities are notes payable. What is the total debt ratio? (Round your answer to 2 decimal places.) Total debt ratio
- Calculating the Debt Ratio and the Debt-to-Equity Ratio Ernst Company's balance sheet shows total liabilities of $32,766,300, total stockholders' equity of $8,998,000, and total assets of $41,764,300. Required: 1. Calculate the debt ratio. Round the percentage to two decimal places.fill in the blank 1% 2. Calculate the debt-to-equity ratio. Round to two decimal places.fill in the blank 2A firm has a long-term debt-equity ratio of 0.5. Shareholders’ equity is $0.97 million. Current assets are $313,500, and the current ratio is 1.9. The only current liabilities are notes payable. What is the total debt ratio?A company’s balance sheet reveals it has total assets of $8,081,700, total liabilities of $2,966,700, and total equity of $5,115,000. The current debt-to-equity ratio for this company is: 0.37. 0.58. 0.63. 1.72. 2.72.
- General finance ExpertDebt-to-Total-Assets RatioRuby Company’s balance sheet reports the following totals: Assets = $40,000; Liabilities = $25,000; Stockholders’ Equity = $15,000. Determine the company’s debt-to-total-assets ratio.Debt-to-Total-Assets Ratio Ruby Company's balance sheet reports the following totals: Assets = $40,000; Liabilities = $25,000; Stockholders' Equity = $15,000. What is the the company's debt-to-total-assets ratio? 9% Note: Round answer to one decimal place (ex: 60.8%)