E4.8 Information showing total assets and total liabilities for two consecutive operating years is given below: Calculate

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E4.8 Information showing total assets and total liabilities for two consecutive operating years is given below:

Calculate the total assets to total liabilities ratio for both years and comment on the change. Do any additional analysis you need so you can comment on these figures.

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Hospitality Management Accounting

ISBN: 9780471483533

8th Edition

Authors: Michael M. Coltman, Martin G. Jagels

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