The following is selected financial information from WestJet?s Balance Sheet as at December 31, 2017 and 2016.
Question:
The following is selected financial information from WestJet?s Balance Sheet as at December 31, 2017 and 2016. Calculate the debt to equity ratio for 2017 and 2016 (round to two decimal places). Comment on the change.
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Numbers in thousands 2017 2016 Debt to equity ratio 1726954 2560362 2212524 4...View the full answer
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