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2 years ago

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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Let x = a + bi and y = c + di and z = f + gi. Which statements are true? check all of the boxes that apply. X + y = y + x (x × y

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The true statements after evaluating the expression based on principle of commutativity and associativity are :

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x = a + bi

y = c + di

z = f + gi

Now according to properties of algebra, we know that;

Commutative property states that with addition and multiplication of numbers, you can change the order of the numbers in the problem and it will not affect the answer. For example; a + b = b + a

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Read more on Associative and commutative properties at; brainly.com/question/549862

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