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Using the data below, compute DEBT RATIO. Accounts Payable 800 Accounts Receivable 1,100 Capital Stock 2,000 Cash 50 Cost of Goods Sold 6,000 Inventory 1,500
Using the data below, compute DEBT RATIO.
Accounts Payable 800
Accounts Receivable 1,100
Capital Stock 2,000
Cash 50
Cost of Goods Sold 6,000
Inventory 1,500
Long-term Debt 1,820
Net Income 950
Property, Plant, and Equipment (net) 3,000
Retained Earnings 1,030
Sales 10,000
Market value of shares 12,000
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