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Assume that the total liabilities for Hawk Company's as shown on the balance sheet on December 31, 20Y5 was $60,000 and total owner's equity
Assume that the total liabilities for Hawk Company's as shown on the balance sheet on December 31, 20Y5 was $60,000 and total owner's equity on the same date was $40,000 What is the ratio of liabilities to owner's equity on that date.? $100,000 010 667 15
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
9th Canadian Edition, Volume 2
470964731, 978-0470964736, 978-0470161012
