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OlgaM077 [116]
2 years ago
13

When using the book value of equity, the debt-to-equity ratio for luther in 2019 is closest to:.

SAT
1 answer:
Art [367]2 years ago
8 0

The debt to equity ratio using the book value of equity in 2019 would be<u> 2.29.</u>

<h3>Finding the debt-to-equity ratio.</h3>

This can be found by the formula:
= Interest bearing Debt / Book value of equity

= (Notes payable + Current maturities of long term debt + Long term debt) / Book value of equity

= (10.5 + 39.9 + 239.7) / 126.6

= 2.29

In conclusion, debt-to-equity ratio is 2.29.

Find out more on debt-to-equity ratio at brainly.com/question/25651634.

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hope it helped!!! :)

5 0
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what are the potential concerns involving the stopped vehicle the officer may consider when approaching the vehicle?
jenyasd209 [6]

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<h3>What is a Vehicle?</h3>

This is defined as a machine which is used to transport people and goods dependent on the means.

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Read more about Vehicle here brainly.com/question/26084890

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2 years ago
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AfilCa [17]

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<h3>Standard temperature and pressure of diamond and graphite</h3>

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  • Similarly, these solids are minerals and are naturally occurring inorganic element or compound having unique structures.

Read more on Allotropes of Carbon;

brainly.com/question/14144722

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3 years ago
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Answer:

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