Payne Corporation has the following amounts as of December 31, 2024. (Click the icon to view the amounts.) Compute the debt to equity ratio at December 31, 2024. (Round the debt to equity ratio to two decimal places, X.XX.) Data table Total assets Total liabilities Total equity $ 57,300 19,100 38,200 Print Done Debt to equity ratio C... Next

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 30BEB: Klynveld Companys balance sheet shows total liabilities of 94,000,000, total stockholders equity of...
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Payne Corporation has the following amounts as of December 31, 2024.
(Click the icon to view the amounts.)
Compute the debt to equity ratio at December 31, 2024. (Round the debt to equity ratio to two decimal places, X.XX.)
Data table
Total assets
Total liabilities
Total equity
$
57,300
19,100
38,200
Print
Done
Debt to equity ratio
C...
Next
Transcribed Image Text:Payne Corporation has the following amounts as of December 31, 2024. (Click the icon to view the amounts.) Compute the debt to equity ratio at December 31, 2024. (Round the debt to equity ratio to two decimal places, X.XX.) Data table Total assets Total liabilities Total equity $ 57,300 19,100 38,200 Print Done Debt to equity ratio C... Next
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