The Carroa company reports the following information:

Sales for the year ended Dec 31, 2012                                     $106950

Gross profit for the year ended Dec 31, 2012                         $45150

Net Income for the year ended Dec 31, 2012                          $7300

Total current assets for the year ended Dec 31, 2012            $ 18700

Total current liabilities year ended Dec 31, 2012                     $7600

Total Assets for the year ended Dec 31, 2012                          $88,400

Total liabilities for the year ended Dec 31, 2012                      $20,850

Total common shares outstanding Dec 31, 2012                     $1000

Market price per share Dec 31, 2012                                          $75.00

Dividends per share for the year ended Dec 31, 2012             $5.00

What is the debt-to-equity ratio at Dec 31, 2012?

CourseLover

(12)

Status NEW Posted 21 Dec 2017 02:12 PM My Price 10.00

-----------  ----------- H-----------ell-----------o S-----------ir/-----------Mad-----------am ----------- Th-----------ank----------- yo-----------u f-----------or -----------usi-----------ng -----------our----------- we-----------bsi-----------te -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------ns.----------- Pl-----------eas-----------e p-----------ing----------- me----------- on----------- ch-----------at -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------a m-----------ess-----------age-----------

Not Rated(0)

• Buy Answer