Question
Total Long-term liabilities = 2,434,664 Total Assets = 2,255,213 Long Term Debt to Total Assets = Long-term Debt / Total Assets = 2434664 / 255213
Total Long-term liabilities = 2,434,664 Total Assets = 2,255,213
Long Term Debt to Total Assets = Long-term Debt / Total Assets = 2434664 / 255213 1.0796%
1. What range is generally considered good or acceptable for this measure?
2. Suppose this measure had been 6.3% significantly lower instead. How would this have changed your interpretation of the financial condition of the city?
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Principles Of Commodity Economics And Finance
Authors: Daniel P. Ahn
1st Edition
0262038374, 9780262038379
