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write by microsoft word Exercise 6 (1.5 marks) Calculate Debt Ratio from the following information. Assets Amount(OMR) Liabilities and Equity Amount(OMR) Cash and Bank 55,000
write by microsoft word
Exercise 6 (1.5 marks) Calculate Debt Ratio from the following information. Assets Amount(OMR) Liabilities and Equity Amount(OMR) Cash and Bank 55,000 Creditors 16,000 Debtors 20,000 Debentures 20,000 Stock 35,000 Bank Loan (long term) 44,000 Land and Buildings 70,000 Shareholder's equity 60,000 Furniture 10,000 Retained Earnings 50,000 Total 190,000 Total 190,000 Note: Write your answers in other piece of paperStep by Step Solution
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