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The following is selected financial information for Joker Company for 2017. Cash $ 13,000 Accounts receivable 11,000 Current asset 36,000 Current liabilities 33,000 Long-term debt
The following is selected financial information for Joker Company for 2017. Cash $ 13,000 Accounts receivable 11,000 Current asset 36,000 Current liabilities 33,000 Long-term debt 170,000 Short-term debt 10,000 Total liabilities 230,000 Interest expense 15,000 Capital expenditures 16,000 Equity 46,000 Cash from operations 1,000 Earnings before interest and taxes 16,000Compute the cash from operations to total debt for Joker Company.
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