find the Total Debt to Total Capital Ratio? Debt to Capital Ratio Formula = Total Debt/Total Assets-(Accounts
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Question:
find the Total Debt to Total Capital Ratio?
Debt to Capital Ratio Formula = Total Debt/Total Assets-(Accounts Payable+Accruals)
Total Debt= 53,900
Total Assets= 70,000
Accounts Payable=27,531
Accruals=12,239
(Total Asset-(Accounts Payable+Accruals))=30,100
53,900/30,100=1.7906
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Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078110894
6th Edition
Authors: Edmonds, Tsay, olds
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