Question
Determine the Debt Ratio for Microsoft Corporation as of December 31, 2023. The company's total liabilities were $100,000,000, and total assets were $300,000,000. Use the
Determine the Debt Ratio for Microsoft Corporation as of December 31, 2023. The company's total liabilities were $100,000,000, and total assets were $300,000,000. Use the formula: Debt Ratio = Total Liabilities / Total Assets.
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
17th Edition
032459237X, 978-0324592375
