Question
d Out of 1 Long-termassets1000000 Current liabilities 100 000 Long-term liabilities 300 000 Share capital 600 000 Retained earnings 700 000 The debt ratio at
d Out of 1 Long-termassets1000000 Current liabilities 100 000 Long-term liabilities 300 000 Share capital 600 000 Retained earnings 700 000 The debt ratio at year-end is: Select one: a. 76.5%. b. 23.5%. c. 40%. d. 17.6%
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Advanced Financial Accounting
Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker
10th edition
78025621, 978-0078025624
