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What the debt-to-equity ratio

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Problem - Will Able Corporation's balance sheet showed the following amounts: Current Liabilities, $10,000; Bonds Payable, $3,000; Lease Obligations, $4,000; and Notes Payable, $600. Total stockholders' equity was $12,000. What the debt-to-equity ratio?

a. 0.63.

b. 0.83.

c. 1.42.

d. 1.47.

Reference no: EM132866670

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