=+Net property, plant, and equipment $1,998,153 $1,651,300 Current liabilities 2,505,106 1,453,538 Long-term debt 4,413,641 1,248,128 Other long-term

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=+Net property, plant, and equipment $1,998,153 $1,651,300 Current liabilities 2,505,106 1,453,538 Long-term debt 4,413,641 1,248,128 Other long-term liabilities 1,272,596 486,473 Stockholders’ equity 1,841,683 683,423

a. Determine the ratio of liabilities to stockholders’ equity for both companies. Round to one decimal place.

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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