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Acce's Companies, a home improvement store chain, reported the following summarized figures: W7 (Cick the icon to view the income statement) (Click the icon to

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Acce's Companies, a home improvement store chain, reported the following summarized figures: W7 (Cick the icon to view the income statement) (Click the icon to view the balance sheots.) Accel's has 10,000 common shares outstanding during 2024 Read the requirements Begin by solocting the formula to calculate Accers Companies' debt to equity ratio. Then enter the amounts and calculate the dobt to equity ratio for 2024. (Round the ratio to two decimal places, .) Requirement 2. Is Accors ability to pay its labilitios strong or weak? Explain your reasoning. (Assume the following industry averapes, dobt ratio: 69%, debt to equity ratio: 2.23 .) The company's ability to pay its liabiities appears since the debt ratio is fairly Income Statement Balance Sheets

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