Use the information in Table 4.1 to determine the 2013 long term debt to equity ratio for Bacon Signs
A) $5,500/$5,420 = 1.01
B) $5,500/$9,620 = 0.57
C) $6,678/ $5,420 = 1.23
D) $6,678/$9,620 = 0.69
B
Explanation: B) LTD/Equity = $5,500/($4,200 + $5,420 ) = 0.57
Business
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