CFA Level 1
Financial Reporting and Analysis
Debt-to-Equity Ratio Calculation
Easy Financial Statements Balance Sheet
XYZ Technology Inc. has the following information on its balance sheet:
- Total Assets: $2,000,000
- Total Liabilities: $1,200,000
- Shareholders' Equity: $800,000
Based on this information, what is the debt-to-equity ratio for XYZ Technology Inc.?
Hint
Submitted11.6K
Correct6.8K
% Correct59%