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The Ronnie Lee Company reported the following: Accounts payable $2,400 Inventory 900 Cash 1,300 Long-term debt Equipment 8,500 12,600 What is its debt to
The Ronnie Lee Company reported the following: Accounts payable $2,400 Inventory 900 Cash 1,300 Long-term debt Equipment 8,500 12,600 What is its debt to assets ratio? 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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Survey of Accounting
Authors: Thomas Edmonds, Christopher, Philip Olds, Frances McNair, Bor
4th edition
77862376, 978-0077862374
