Ratios: Debt to Equity Ratio Video Lessons

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Problem: The debt-to-equity ratio is 6.0. If total equity is $10,000, what is the amount of total liabilities? a. $600,000 b. $6,000 c. $100,000 d. $60,000 e. None of the above

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The debt-to-equity ratio is 6.0. If total equity is $10,000, what is the amount of total liabilities?

a. $600,000

b. $6,000

c. $100,000

d. $60,000

e. None of the above

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