Calculate the debt to equity ratio of this company in 2021 and 2020. Display all...
50.1K
Verified Solution
Question
Accounting
Calculate the debt to equity ratio of this company in 2021 and 2020. Display all working. Consider the trend in your answer. explain whether this trend will make it harder or easier for the company to borrow money?
2020: Equity: $1526 Million
2021: Equity: $516 Million
2020: Net Debt: $ 4,734 Million
2021: Net Debt: $ 5,890 Million
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.