Irene H.

04/19/19

Calculating assets-to-equity from equity-to-assets?

I've read that to calculate **equity**-to-**assets** using **assets**-to-**equity** the following can be done: assets-to-equity = 40% equity-to-assets = 1/0.4 = 2.5 Why does that work out?

Follows • 1

Answers •1

Finance Manipulate Formulas

04/18/19

What is the cost of goods sold if the net sales is $1,200,000 and the gross profit ratio is 0.2

Follows • 1

Answers •1

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.

Calculating assets-to-equity from equity-to-assets?

What is the cost of goods sold if the net sales is $1,200,000 and the gross profit ratio is 0.2

Still looking for help? Get the right answer, fast.

OR