Question
Vigo Vacations has $200 million in total assets, $3 million in notes payable, and $13 million in long-term debt. What is the debt ratio? Do
Vigo Vacations has $200 million in total assets, $3 million in notes payable, and $13 million in long-term debt. What is the debt ratio? Do not round intermediate calculations. Round your answer to the nearest whole number.
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Foundations Of Finance
Authors: Arthur J Keown, John D Martin, J William Petty
7th Edition
0133370356, 9780133370355
