Question: In computing debt to tangible net worth, which of the following is not subtracted in the denominator? 1. Patents 2. Goodwill 3. Land 4. Bonds

In computing debt to tangible net worth, which of the following is not subtracted in the denominator?

1. Patents 2. Goodwill 3. Land 4. Bonds payable 5. Both 3 and 4

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