Red Corporation had $2,000,000 in total liabilities and $3,500,000 in total assets as of December 31, 2012.
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Calculate Red’s debt to assets ratio and its long-term debt to equity ratio. (Note: Round answers to four decimal places.) Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Related Book For 
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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