Question
Current Liabilities $24,480 Long ter debt 73440 Common stock, par value 61200 Paid-in Capital 15300 Retained earnings 70380 $244,800 A. Calculate the debt/equity and debt/capitalization
Current Liabilities $24,480
Long ter debt 73440
Common stock, par value 61200
Paid-in Capital 15300
Retained earnings 70380
$244,800
A. Calculate the debt/equity and debt/capitalization ratios.
B. What do these ratios measure?
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Understanding Basic Statistics
Authors: Charles Henry Brase, Corrinne Pellillo Brase
6th Edition
978-1133525097, 1133525091, 1111827028, 978-1133110316, 1133110312, 978-1111827021
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