Bonitas Bread Company has total debt of $250,000 and total assets of $150,000. What is Bonitas debt-to-

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Bonita’s Bread Company has total debt of $250,000 and total assets of $150,000. What is Bonita’s debt-to- assets ratio, and what can we infer about Bonita’s company using the ratio?

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Principles Of Finance

ISBN: 9798439388899

1st Edition

Authors: Julie Dahlquist, Rainford Knight

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