Question
The debt ratio of a business for the year 2021 is 1.99 whereas for year 2022 it is 1.62. Explain the ratio and interpret what
The debt ratio of a business for the year 2021 is 1.99 whereas for year 2022 it is 1.62. Explain the ratio and interpret what the results mean in terms of the business's financial performance.
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Accounting Information Systems
Authors: Pat Wheeler, Ulric J Gelinas, Richard B Dull
9th Edition
0538469315, 9780538469319
