21:32 The following balance sheet information is provided for San Juan Company for 2014: Assets Cash...
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21:32 The following balance sheet information is provided for San Juan Company for 2014: Assets Cash Accounts receivable Inventory $6,450 7,750 11,450 Prepaid expenses 2,300 Plant and equipment, net of 18,500 depreciation Land 12,900 $59,350 Total assets Liabilities and Stockholders' Equity Accounts payable $3,090 Salaries payable 7,740 Bonds payable (Due in 2020) 14,900 Common stock, no par 18,400 Retained earnings 15,220 Total liabilities and stockholders' $59,350 equity What is the company's debt to equity ratio? (Round your final answer to 2 decimal place 21:32 The following balance sheet information is provided for San Juan Company for 2014: Assets Cash Accounts receivable Inventory $6,450 7,750 11,450 Prepaid expenses 2,300 Plant and equipment, net of 18,500 depreciation Land 12,900 $59,350 Total assets Liabilities and Stockholders' Equity Accounts payable $3,090 Salaries payable 7,740 Bonds payable (Due in 2020) 14,900 Common stock, no par 18,400 Retained earnings 15,220 Total liabilities and stockholders' $59,350 equity What is the company's debt to equity ratio? (Round your final answer to 2 decimal place
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