Pane in the Glass, Inc., has Total Long-Term Liabilities of $10,000, Total Liabilities of $50,000, Total Long-Term
Fantastic news! We've Found the answer you've been seeking!
Question:
Pane in the Glass, Inc., has Total Long-Term Liabilities of $10,000, Total Liabilities of $50,000, Total Long-Term Assets of $80,000, and Total Assets of $80,000 at the end of the year. Calculate the Debt Ratio as a percentage and round to the nearest whole percent.
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1285190907
8th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Posted Date: