The following data were taken from Stone Companys balance sheet: a. Compute the ratio of liabilities to
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a. Compute the ratio of liabilities to owners equity.
b. Has the creditors risk increased or decreased from December 31, 2011 to December 31,2012?
Transcribed Image Text:
Dec. 31, 2012 Dec. 31, 2011 5300,000 400,000 5340,000 Total liabilities Total owner's equity 500,000
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