Question
Nybo Company's current liabilities are P60,000, its long-term liabilities are P180,000, and its working capital is P90,000. If Nybo Company's debt to equity ratio is
Nybo Company's current liabilities are P60,000, its long-term liabilities are P180,000, and its working capital is P90,000. If Nybo Company's debt to equity ratio is 0.4, its total long-term assets must equal:
Group of answer choices
P490,000
P600,000
P840,000
P690,000
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Financial And Accounting Principles In Islamic Finance
Authors: Samir Alamad
1st Edition
3030162982, 9783030162986
