Question
1. Assets for Lincoln Company totaled $13,000, liabilities totaled $1,000, and stockholders equity totaled $12,000. What is the ratio of liabilities to stockholders equity? 0.0833
1. Assets for Lincoln Company totaled $13,000, liabilities totaled $1,000, and stockholders equity totaled $12,000. What is the ratio of liabilities to stockholders equity?
0.0833
1.0833
12.00
None of these choices are correct.
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Advanced Quality Auditing An Auditors Review Of Risk Management Lean Improvement And Data Analysis
Authors: Lance B Coleman
1st Edition
163694082X, 978-1636940823
