Burkhart Corporation has the following data as of December 31, 2016: Total current liabilities......$ 52,910 Total current

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Burkhart Corporation has the following data as of December 31, 2016:
Total current liabilities......$ 52,910
Total current assets......... 48,100
Long-term liabilities.......... 118,945
Total stockholders' equity...... $ ?
Other assets............. 42,500
Property, plant, and equipment, net... 208,555
Compute the debt to equity ratio at December 31, 2016. Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Horngrens Financial and Managerial Accounting

ISBN: 978-0133866292

5th edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

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