Stark company's maximum latest balance sheet stated general assets of $2,040,000, total liabilities of $730,000, and general fairness of Z$1,310,000. The formula for calculating the debt-to-equity ratio is to take a company's total liabilities and divide them by its total shareholders' equity. Debt-equity ratio=Total liabilities total equity=$730,000/$1,310,000=1.42 .
Liabilities are any money owed to your employer, whether it's bank loans, mortgages, unpaid payments, IOUs, or every other sum of money that you owe someone else. in case you've promised to pay someone an amount of money in the future and haven't paid them but, that's a liability.
property are the items your business enterprise owns that can provide future economic benefit. Liabilities are what you owe different events. In short, assets put money in your pocket, and liabilities take cash out!
There are 3 number one classifications for liabilities. they may be present-day liabilities, lengthy-term liabilities, and contingent liabilities. cutting-edge and long-term liabilities are going to be the maximum common ones that you see in your business.
Learn more about liabilities here:
https://brainly.com/question/14921529
#SPJ4
