Question
How do you show your work for the following problem? Shown below are selected data from the balance sheet of Bill's Auto Parts, a retail
How do you show your work for the following problem?
Shown below are selected data from the balance sheet of Bill's Auto Parts, a retail store (dollar amounts are in thousands)
cash- $130,000
accounts receivable- $370,000
inventory- $400,000
total assets- $1,260
current liabilities- $340,000
noncurrent liabilities- $280,000
Refer to the information above. Bills debt ratio is?
My choices are...
22 %
27%
49%
57%
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Auditing and Assurance services an integrated approach
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
14th Edition
133081605, 132575957, 9780133081602, 978-0132575959
