The company's equity ratio equals 0.63. The correct answer is option (A).
A financial ratio called the equity ratio shows the proportionate amount of equity used to fund a company's assets.
A financial indicator called the equity ratio calculates how much debt a corporation is using. How successfully a business in multiple its debts & funds its asset requirements is determined by assets invested and the quantity of equity. A company should aim for a total equity of roughly 0.5, or 50%, which shows that there is more ownership in the company than debt. In other words, the corporation itself owns more than its debtors do.
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