The company has current liabilities of $530,000 , long-term liabilities of $1,000,000 , total assets
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Question:
The company has current liabilities of $530,000
, long-term liabilities of $1,000,000
, total assets of $2,400,000
, and stockholders equity is $870,000. What is the company's debt to total assets ratio? (give the answer in percent with %
sign and round the answer to two decimal places).
Related Book For
Financial accounting
ISBN: 978-0136108863
8th Edition
Authors: Walter T. Harrison, Charles T. Horngren, William Bill Thomas
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