Refer to GOMEs financial statements in Appendix A. Compute its debt ratio as of December 31, 2008,

Question:

Refer to GOME’s financial statements in Appendix A. Compute its debt ratio as of December 31, 2008, and December 31, 2007.

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...