Answer:
Debt/Equity= Total Liabilities /Total Shareholders’ Equity
Current liabilities = $687,600 − 223,700
Current liabilities = $463,900
Total equity = $1,711,000 − 463,900 − 450,000
Total equity = $797,100
Debt-equity ratio = ($463,900 + 450,000)/$797,100
Debt-equity ratio= 1.15
Step-by-step explanation:
yea ur correct
use PhotoMath or something like that to check next time, it'll save a lot of time
12/3=4
Y= Time and X=The number of shoelaces
