a. Calculate the debt to equity ratio for 2016 and 2017, for the following 3 separate companies.b.
Question:
a. Calculate the debt to equity ratio for 2016 and 2017, for the following 3 separate companies.b. Comment on whether the ratio for each has improved or weak-end from a risk perspective.
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Total Debt (A) Total Equity (B) Fab Form Industries 2017 2016 2,306,225 2,522,364 1,246,608 1,293,520 Recycle Resources 2017 4,4141,368 2,556,400 2016 4,437,345 2,689,300 Outdoor Adventure Company 2017 2016 1,137,720 875,169 1,021,295 928,450
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Related Book For
Fundamental Accounting Principles Volume 2
ISBN: 9781259087363
15th Canadian Edition
Authors: Kermit Larson, Heidi Dieckmann
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