Long Term Debt to Equity question
In SS #9 reading 35 (schweser) it says that the long term debt to equity is (long term debt / stockholder equity) but in the calculation it adds deferred taxes to the numerator….then in reading 36 under the adjusted ratio it does not add deferred taxes to the numerator…..Does anyone know if this is a mistake in the book or am I missing something….and if its a mistake do you or do you not add in deferred taxes? |