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The Ressler Corporation reported the following data: Year 3 Year 2 Year 1 $18,000 $16,000 $14,000 Equipment Accounts payable Cash 2,300 800 1,000 8,200 8,900
The Ressler Corporation reported the following data: Year 3 Year 2 Year 1 $18,000 $16,000 $14,000 Equipment Accounts payable Cash 2,300 800 1,000 8,200 8,900 1,200 9,300 1,400 1,700 600 400 200 Supplies Accounts receivable Notes payable Inventory 10,300 12,100 2,200 14,700 2,400 2,000 What is the company's debt to assets ratio for Year 3? Convert your final answer to a percentage, round to one decimal place and enter without the "%" sign (e.g. a final answer of 0.105678 would be entered as 10.6)
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