Selected balance sheet data follow for Zeveea Company for the year ended December 31 (in millions). What is the company’s liabilities-to-equity ratio? Total operating Total nonoperating Total current Total Total liabilities and liabilities liabilities liabilities liabilities shareholders’ equity $6,055 $5,260 $4,624 $11,315 $16,511 Select one: a. 0.89 b. None of these are correct. c. 0.28 d. 2.18 e. 0.69

Selected balance sheet data follow for Zeveea Company for the year ended December 31 (in millions). What is the company’s liabilities-to-equity ratio? Total operating Total nonoperating Total current Total Total liabilities and liabilities liabilities liabilities liabilities shareholders’ equity $6,055 $5,260 $4,624 $11,315 $16,511 Select one: a. 0.89 b. None of these are correct. c. 0.28 d. 2.18 e. 0.69

Financial Accounting

15th Edition

ISBN:9781337272124

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter17: Financial Statement Analysis

Section: Chapter Questions

Problem 4E

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Total operating	Total nonoperating	Total current	Total	Total liabilities and
$6,055	$5,260	$4,624	$11,315	$16,511

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