RATIO ANALYSIS Watterson Corporations balance sheet showed the following amounts: Current Liabilities, $70,000; Bonds Payable, $150,000; and

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RATIO ANALYSIS Watterson Corporation’s balance sheet showed the following amounts: Current Liabilities, $70,000; Bonds Payable, $150,000; and Lease Obligations, $20,000. Total stockholders’ equity was $90,000.

Required:

Calculate the debt-to-equity ratio.

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Cornerstones Of Financial Accounting Current Trends Update

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RATIO ANALYSIS Watterson Corporations balance sheet showed the following amounts: Current Liabilities, $70,000; Bonds Payable, $150,000; and

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Cornerstones Of Financial Accounting Current Trends Update

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