What is the Liability to Equity ratio of Chester?

Select: 1

	7.03
	2.62
	.81
	4.97

Balance Sheet

DEFINITIONS: Common Size: The common size column simply represents each item as a percentage of total assets for that year. Cash: Your end-of-year cash position. Accounts Receivable: Reflects the lag between delivery and payment of your products. Inventories: The current value of your inventory across all products. A zero indicates your company stocked out. Unmet demand would, of course, fall to your competitors. Plant & Equipment: The current value of your plant. Accum Deprec: The total accumulated depreciation from your plant. Accts Payable: What the company currently owes suppliers for materials and services. Current Debt: The debt the company is obligated to pay during the next year of operations. It includes emergency loans used to keep your company solvent should you run out of cash during the year. Long Term Debt: The company's long term debt is in the form of bonds, and this represents the total value of your bonds. Common Stock: The amount of capital invested by shareholders in the company. Retained Earnings: The profits that the company chose to keep instead of paying to shareholders as dividends.

ASSETS			2020	2019
			Common Size
Cash	$18,073		18.6%	$19,743
Accounts Receivable	$12,836		13.2%	$9,829
Inventory	$13,680		14.1%	$14,832
Total Current Assets		$44,589	45.8%	$44,404
Plant & Equipment	$93,960		96.6%	$84,380
Accumulated Depreciation	($41,287)		-42.4%	($35,023)
Total Fixed Assets		$52,673	54.2%	$49,357
Total Assets		$97,262	100.0%	$93,761
LIABILITIES & OWNERS' EQUITY
Accounts Payable	$8,474		8.7%	$6,382
Current Debt	$14,285		14.7%	$18,432
Long Term Debt	$20,787		21.4%	$19,479
Total Liabilities		$43,546	44.8%	$44,293
Common Stock	$8,818		9.1%	$9,102
Retained Earnings	$44,898		46.2%	$40,367
Total Equity		$53,716	55.2%	$49,469
Total Liab. & O. Equity		$97,262	100.0%	$93,761

Answer rating: 100% (QA)

1 Identify the total liabilities for 2020 Accounts Payable 8474 Current Debt 14285 Long Te... View the full answer