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Refer to the following table: MARNI COMPANY Balance Sheet As of December 31 ASSETS Cash Accounts receivable Inventory Net plant and equipment Total assets $50,000
Refer to the following table: MARNI COMPANY Balance Sheet As of December 31 ASSETS Cash Accounts receivable Inventory Net plant and equipment Total assets $50,000 100,000 200,000 650.000 $1,000 000 T | LIABILITIES AND STOCKHOLDERS' EQUITY Accounts payable Accrued expenses | Long-term debt Common stock Paid-in capital Retained earnings Total liabilities and stockholders' equity $100,000 90,000 250,000 100.000 50,000 410.000 $1,000,000 The firm's debt-to-asset ratio is 44% 0 O 33% 0 19% 0 2.27%
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