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10. Refer to Bellingham Incorporated's December 31, 2019 Balance Sheet shown below. Bellingham Incorporated Balance Sheets of December 31, 2019 Assets Current Assets CAN $110,000
10. Refer to Bellingham Incorporated's December 31, 2019 Balance Sheet shown below. Bellingham Incorporated Balance Sheets of December 31, 2019 Assets Current Assets CAN $110,000 80 000 40,000 $250,000 S80,000 110.000 $200.000 TUM ALINA Total Cure Arts Uabilities Current Utilities Accounts Payable Notes Payable Total Current bites Non-current abilities Debt Owner's Equity Common Stock Retained in Totallit Ownerkury 10.000 Non current Assets Past and loviment Patent Tot Ait 150,000 50 000 5650 000 120.000 NO $60.000 What is Bellingham's total debt to equity ratio on December 31, 2019? 0.50 0.87 1.09 1.17
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