Stark company's debt-to-equity ratio in the most recent balance sheet is 0.93
What is debt-to-equity ratio?
Debt-to-equity ratio is the ratio of the firm's total debts to its equity, in essence, the total debts compared to the owners' funds invested in the company.
The debt-to-equity ratio shows how leveraged, the extent of firm's dependence on external funding in terms of debt
debt-to-equity ratio=debt/equity
total liabilities=debt=$860,000
total equity=$920,000
debt-to-equity ratio=$860,000/$920,000
debt-to-equity ratio=0.93
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