Question

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.


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  • CreatedJune 15, 2015
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