Question
Amazon.com, Inc. has total assets of $7,000,000 and total liabilities of $3,500,000. Calculate: a) The owner's equity. b) The debt ratio. c) The debt-to-equity ratio.
Amazon.com, Inc. has total assets of $7,000,000 and total liabilities of $3,500,000. Calculate: a) The owner's equity. b) The debt ratio. c) The debt-to-equity ratio. d) The equity multiplier. e) Discuss the implications of these ratios for the company's financial position.
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
12th edition
132552620, 978-0132552622
