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Required information [The following information applies to the questions displayed below.] The accounting records of Nettle Distribution show the following assets and liabilities as of
Required information [The following information applies to the questions displayed below.] The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2016 and 2017. 2017 December 31 2016 $ 44,178 Cas 6,832 18,801 2,771 Accounts receivable 23,980 3,783 office supplies Office equipment Trucks 116,120 45,439 123,689 54,439 151,475 Building Land 0 37,799 Accounts payable Note payable 63,045 31,269 89,274 3. Compute the 2017 year-end debt ratio for the business. Debt Ratio Choose Numerator: Choose Denominator: Debt Ratio / Debt ratio
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