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Jeryht Computer Corp, a technology support company providing security for small businesses, reported these summarized figures (in millions): (Click the icon to view the
Jeryht Computer Corp, a technology support company providing security for small businesses, reported these summarized figures (in millions): (Click the icon to view the income statement.) (Click the icon to view the balance sheet.) Calculate the following: 1. Compute the debt ratio and the debt/equity ratio at December 31, 2020. 2. Is Jeryht Computer Corp.'s ability to pay its liabilities strong or weak? Explain your reasoning. 1. Compute the debt ratio and the debt/equity ratio at December 31, 2020. (Round the ratios to two decimal places, X.XX%.) Jeryht Computer Corp.'s debt ratio is Jeryht Computer Corp's debt/equity ratio is 2. Is Jeryht Computer Corp.'s ability to pay its liabilities strong or weak? Explain your reasoning. The debt ratio and the debt/equity ratio are fairly The company's ability to pay its liabilities appears and its level of debt is
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