Earlier you worked with the following permanent capital structure: Calculate the debt ratio for Pascale Company. PASCALE

Earlier you worked with the following permanent capital structure:

Calculate the debt ratio for Pascale Company.

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PASCALE COMPANY Sources and Uses of Permanent Capital as of December 31, 2011 Uses of Capital Sources of Capital Working capital $ 8,000 Noncurrent liabilities .... $ 9,000 Noncurrent... Total uses 18,000 Equity 17,000 $26,000 Total sources $26,000