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Given IBMs financial data: Total Liabilities: $120 billion Total Equity: $80 billion Long-Term Debt: $70 billion Total Assets: $200 billion Calculate the following ratios: Debt-to-Assets
Given IBM’s financial data:
- Total Liabilities: $120 billion
- Total Equity: $80 billion
- Long-Term Debt: $70 billion
- Total Assets: $200 billion
- Calculate the following ratios:
- Debt-to-Assets Ratio
- Long-Term Debt to Equity Ratio
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Advanced Financial Accounting
Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker
10th edition
78025621, 978-0078025624
