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answer the blanks in question 3 The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2018 and 2019.
answer the blanks in question 3
The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2018 and 2019. December 31 Cash Accounts receivable Office supplies office equipment Trucks Building Land Accounts payable Note payable 2018 $ 47,962 26,034 4,107 126,066 49,331 0 0 68,445 0 2019 $ 8,188 20,411 3,008 134,284 58,331 164,449 41,037 33,947 105,486 3. Compute the 2019 year-end debt ratio. Debt Ratio Choose Denominator: Choose Numerator: 1 1 Debt Ratio Debt ratio = 1 =Step by Step Solution
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