Aladdin Carpet Care had the following total assets, liabilities, and equity as of October 31: Assets ...............................
Question:
Assets ............................... $ 200,000
Liabilities .............................. 30,000
Equity ................................. 170,000
What is Aladdin Carpet Care's debt ratio as of October 31?
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Related Book For
Horngrens Accounting
ISBN: 978-0134674681
12th edition
Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura
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