Question
Calculate the Debt Ratio, Equity Ratio, and Debt to Equity ratio, based on the following: cash = $14,870; acounts receivable = $22,108; prepaid $3,010; supplies
Calculate the Debt Ratio, Equity Ratio, and Debt to Equity ratio, based on the following: cash = $14,870; acounts receivable = $22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000.
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Managerial Accounting An Introduction to Concepts Methods and Uses
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil
10th Edition
1111822239, 324639767, 9781111822231, 978-0324639766
