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The balance sheet for Shaver Corporation reported the f receivable, $59,000, inventories, $64,000 term). $94,000, total stockholders' equity. $330,000; net income, $5,720, interest expense, $9200,
The balance sheet for Shaver Corporation reported the f receivable, $59,000, inventories, $64,000 term). $94,000, total stockholders' equity. $330,000; net income, $5,720, interest expense, $9200, income ollowing cash, $17,000, short-term net acco before income toes $12,480 nts Print 2-o. Based on these ratios, does it appear Shaver relies mainly on debt or equity to finance its assets
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