Question
calculate the leverage ratio of the company. If you were asked to change it, how would you take such a decision, and why? ASSETS Amount
calculate the leverage ratio of the company. If you were asked to change it, how would you take such a decision, and why?
| ASSETS | Amount | LIABILITIES | Amount |
| Cash and cash equivalents | $25,913 | Accounts payable | $55,888 |
| Marketable securities | $211,187 | Other current liabilities | $32,687 |
| Inventories | $3,956 | Short term loan (Commercial Paper) | $11,964 |
| Account receivable (net) | $23,186 | Long term bank loan | $102,519 |
| Other current assets | $37,896 | Deferred revenue | $10,340 |
| Net fixed assets | $41,304 | Other non-current liabilities | $45,180 |
| Other non-current assets | $22,283 | Paid-in equity capital | $40,201 |
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