Question
Using the balance sheet accounts below, what is the firm's Long Term Debt Ratio? Cash $6,300,000 Accounts Receivable $6,700,000 Inventory $5,000,000 Fixed Assets $21,000,000 Current
Using the balance sheet accounts below, what is the firm's Long Term Debt Ratio?
Cash $6,300,000
Accounts Receivable $6,700,000
Inventory $5,000,000
Fixed Assets $21,000,000
Current Portion of Long Term Bonds $3,900,000
Accounts Payable $1,700,000
Long Term Bonds $29,000,000
Retained Earnings $4,400,000
| 659% |
| 74% |
| 89% |
| 10% |
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The Wall Street Journal Complete Personal Finance Guidebook
Authors: Jeff D. Opdyke
1st Edition
030733600X, 978-0274804573
