Question
The ratio of liabilities to stockholders equity for a company is as follows ______________________2019______________2018______ Total liabilities $. 550,000 $400,000 Total Stockholders equity $ 900,000 $700,000
The ratio of liabilities to stockholders equity for a company is as follows
______________________2019______________2018______
Total liabilities $. 550,000 $400,000
Total Stockholders equity $ 900,000 $700,000
Ratio of liabilities to
stockholders equity .56 .57
In which year, was the company more solvent?
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Good Better Best A Guidebook For Performance Auditing
Authors: Gary Blackmer
1st Edition
131265869X, 978-1312658691
