Levine, Inc., has a total debt ratio of 0.48. What is its debt-equity ratio?

Debt equity ratio= 0.92

Explanation:

Debt equity ratio is a company's  liquidity ratio that compares its total debt to total equity showing how  the proportion  of the  finance of the company proceeds from its  creditors and investors.

its formulae is given by

Debt equity ratio= Total liabilities /Total shareholder's equity

 = Debt/ total asset - debt

let the total asset = 100% = 1

Therefore,

Debt equity ratio=Debt/ total asset - debt

= 0.48/ 1 -0.48 = 0.48 /0.52 = 0.9231

both are integral parts of a corporate balance sheet. the cash flow statement, or statement of cash flows, measures the sources of a company's cash and its uses of cash over a specific time period. the income statement measures a company's financial performance, such as revenues, expenses, profits or losses over a specific time period (in fact, it's sometimes called a statement of financial performance).

a cash flow statement shows exactly how much money a company has received and how much it has spent, traditionally over a period of one month. it captures the current operating results and changes on the balance sheet, such as increases or decreases in accounts receivable or accounts payable, and does not include noncash accounting items such as depreciation and amortization. the cash flow generally comes from revenue received as a result of business activity, but it may be augmented by funds available as a result of credit. a cash flow statement is used to determine the short-term viability and liquidity of a company, specifically how well it is positioned to pay its bills and vendors.