The debt-to-equity ratio is calculated by dividing shareholders' ...

[serike]

The debt-to-equity ratio is calculated by dividing shareholders' equity by total liabilities.
 
  Indicate whether the statement is true or false

Question 2

The periodic inventory system is a record keeping system that involves calculating cost of goods sold only at the end of the period.
 
  Indicate whether the statement is true or false

[s.meritte]

Answer to Question 1

FALSE

Answer to Question 2

TRUE

[serike]

TYSM

[Jossy]

Thanks for the timely response, appreciate it