Use the financial statements of CoCo Roofers Inc. 1. Compute the debt ratio at December 31, 2014.

Question:

Use the of CoCo Roofers Inc.
1. Compute the debt ratio at December 31, 2014.
2. Is CoCo Roofers Inc.'s ability to pay its liabilities strong or weak?
Explain your reasoning.
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...