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p3.9 The balance sheet for Finch Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities Common stock and retained
p3.9
The balance sheet for Finch Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities Common stock and retained earnings Total liabilities and stockholders' equity Working capital Current ratio Required Compute the following. (Round "Ratios" to 1 decimal place.) Debt-to-assets ratio Debt-to-equity ratio $ 235,000 765,000 $1,000,000 $ 142,000 451,000 % 593,000 407,000 $1,000,000 Step by Step Solution
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