spring ITA 11:00 - 12:15 Homework: Ch 17 Homework A - Graded HW Score Score: 0 of 10 pts 7 of 18 como SF17-8 (similar to) Assigned Media Achieve's Companies, a home improvement store chain, reported the following umarted figures: Click the icon to view the income stamment) Click the icon to view the balance shot) Achieve's has 100.000 common shares outstanding during 2024 Read the coucements Requirement 1. Compute the debt ratio and the debt to equity ratio at May 31, 2024. for Achieve's Companies Begin by selecting the formula to calculato Achieve's Companies debt ratio. Then anter the amounts and calculate the debt ratio tor 2004 round the ratio ocurratx Totale Tocal equity Debat Choose from any drop down and then chok Check Answer CAL parts 4 remaining Borse URL 5 B Shain, reported the following summarized figures: (Click the icon to view the balance sheets.) during 2024 Income Statement ebt to equity ratio at May 31, 's Companies' debt ratio. The hof a percent. XX%) Debt Achieve's Companies Income Statement Years Ended May 31, 2024 and 2023 2024 2023 $ 42,900 55,400 S 23,300 200 Net Sales Revenue Cost of Goods Sold Interest Expense All Other Expenses Net Income 28,500 140 8,400 6,900 $ 25,000 $ 5,760 Print Done * Check Answer On Clear All mework: Ch 17 Homework A - Graded re: 0 of 10 pts 7 of 918 complete HW Score: 665 0 17-8 (similar to) Assigned Media heve's Companies, a home improvement store chain reported the following summarized figures Click the icon to view the income statement) hieve's has 100,000 common shares outstanding in Balance Sheets Balance Sheets ad the moments Cequirement 1. Compute the debt ratio and the del Begin by electing the formula to calculate Achieved Total assets Total equity Achieve's Companies Balance Sheet May 11, 2024 and 2023 Assets 2024 Liabilities 2024 2023 2023 $ 2.100 $ 13:00 1.800 24,000 7.200 2.900 Cash Short-term Investments Accounts Receivable Merchandise Inventory Other Current Assets Tot Current Al Other Assets Total Assets 7,000 11,000 1700 Total Current Lite $ 23,000 $ 11.000 Long-term List 13.500 6.500 Totalbes 36.800 9,700 Stockholders' Equity 2.100 Common Stock 9,000 34.800 30,000 Retained aming 43.800 54,000 30,3001 Total abilities and Equity 0.000 20.100 51 300 20.000 80,100 S 24.000 Tour 2100 5 SLOO Print Done Choose from any drop-down it and then click Clow 4 hirts remaining G Search or type URL 8 0 7 4 5 07 3