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Selected data for Company B follow: Current assets Capital assets Total revenues $50000 $70000 $30,000 Current liabilities Long-term liabilities Total expenses $40000 $35000 $20000 Based
Selected data for Company B follow: Current assets Capital assets Total revenues $50000 $70000 $30,000 Current liabilities Long-term liabilities Total expenses $40000 $35000
$20000 Based on these facts, what is the Debt ratio of B company?
a 1.25 to 1 b 0.5 to 1 c 0.625 to 1
Selected data for Company B follow: Based on these facts, what is the Debt ratio of B company? 1.25 to 1 0.5 to 1 0.625 to 1Step by Step Solution
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