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25. Selected accounting data for the Mariot Services follows: Current assets$59,000 Current liabilities20,000 Long-term assets70,000 Long-term liabilities37,000 Total revenues25,000 Total expenses22,000 The debt ratio is:
25. Selected accounting data for the Mariot Services follows: Current assets$59,000 Current liabilities20,000 Long-term assets70,000 Long-term liabilities37,000 Total revenues25,000 Total expenses22,000 The debt ratio is: (1 Point) A) 0.44. B) 2.26. C) 0.53. O D) 0.29
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Core Concepts Financial Analysis
Authors: Gary Giroux
1st Edition
047146712X, 9780471467120
