When Total Debt/ Total Sources Ratio is 70%,what is Equity / Total Debt Ratio? a)30 % b)233 % C)42,86 % d)167 %

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter8: Liabilities And Stockholders' Equity
Section: Chapter Questions
Problem 8.11MBA
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When Total Debt/ Total Sources Ratio is 70%,what is Equity / Total Debt Ratio?
a)30 %
b)233 %
C)42,86 %
d)167 %

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