Four friends raised a total of $730 for a local charity. Each friend raised the same amount of money. Model the total amount tha
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The required debt-equity ratio is 14:15
<u>Solution:</u>
<em>Given:</em>
Liabilities of the company = $14000
Equity of the company = $15000
<em>To calculate: </em>The debt-equity ratio
Here, the liabilities are included in the debt of the company. The debt-to-equity (D/E) ratio is calculated by dividing a company's total liabilities by its shareholder equity. Therefore, the debt equity ratio is as follows,
The debt-equity ratio reflects the ability of shareholder equity to cover all outstanding debts in the event of a business downturn.
The left side was cut out but x will be on top and 5 in the lower square. The last one is the answer.
