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Find 2023 long term debt to equity ratio. It's not 0.27. Question Content Area Debt Manogement Ratios steele Inc. Consolidated Balance Sheets (in thousands) Current
Find 2023 long term debt to equity ratio. It's not 0.27.
Question Content Area Debt Manogement Ratios steele Inc. Consolidated Balance Sheets (in thousands) Current assets: Cash and equivolents Accounts 1,056,911 837,377 recelvoble Inventories Other 803,707 101,811 51,784,130 Total current assets Property and 733,700109,456$2,220,6251,666,588 equipment, net 248,372 Other assets Totol assets 275,342 $4,162,665 53,846,450 LABILTTES AND STOCKHOLDERS! EQUITY Current liobilities: Accounts poyoble Accrued expenses Other current liobilities income toxes Total current tiobilitios Long-term debt Deferred income Taxes Other long-term liobilities Totel fiobilaties $1,693,812 Stockholders: Required: Using Steole's financial stotements as shown abowe, respond to the following requirements. 1. Compute the five debt mandgement rotes for 2022 and 2023 . Round your answers to two decimal places Step by Step Solution
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