calculate the debt ratio Inventories Spare parts Sales tax withholdings 14,666,450 17340,546 986,053 800,032 1,902,172 Other current

calculate the debt ratio
 

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Inventories Spare parts Sales tax withholdings 14,666,450 17340,546 986,053 800,032 1,902,172 Other current assets Accounts receivable Notes receivable-short term 599 415,914 360,090 6 6,021,058 3,738,805 7 723,180 631,257 Checks under collection - short term 4,849,010 4,459,126 Cash and cash equivalents 8 2,128,109 7,841,768 Total current assets 31,691,946 35,171,624 Total assets Equity and Liabilities Equity Paid-in capital 49,868,838 54,129,908 Statutory reserve Voluntary reserve Accumulated (losses) earnings Total equity Liabilities 35,000,000 40,000,000 684,749 684,749 14,418 14,418 (1,740,949) 1,211,845 33,958,218 41,911,012 Non-current liabilities Bank facilities-long term 10 1,623,219 836,000 Liabilities Bank facilities-short term 10 12,053,930 7,368,322 Accounts payable 1,453,886 3,501,364 Shareholders withholdings 11 659,747 297,488 Postdated checks 36,375 Other current liabilities 12 83,463 215,722 Total current liabilities 14,287,401 11,382,896 Total liabilities 15,910,620 12,218,896 Total equity and liabilities 49,868,838 54,129,908 EN Inventories Spare parts Sales tax withholdings 14,666,450 17340,546 986,053 800,032 1,902,172 Other current assets Accounts receivable Notes receivable-short term 599 415,914 360,090 6 6,021,058 3,738,805 7 723,180 631,257 Checks under collection - short term 4,849,010 4,459,126 Cash and cash equivalents 8 2,128,109 7,841,768 Total current assets 31,691,946 35,171,624 Total assets Equity and Liabilities Equity Paid-in capital 49,868,838 54,129,908 Statutory reserve Voluntary reserve Accumulated (losses) earnings Total equity Liabilities 35,000,000 40,000,000 684,749 684,749 14,418 14,418 (1,740,949) 1,211,845 33,958,218 41,911,012 Non-current liabilities Bank facilities-long term 10 1,623,219 836,000 Liabilities Bank facilities-short term 10 12,053,930 7,368,322 Accounts payable 1,453,886 3,501,364 Shareholders withholdings 11 659,747 297,488 Postdated checks 36,375 Other current liabilities 12 83,463 215,722 Total current liabilities 14,287,401 11,382,896 Total liabilities 15,910,620 12,218,896 Total equity and liabilities 49,868,838 54,129,908 EN

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To calculate the debt ratio we need to determine the total liabilities and the tota... View the full answer