Robertson Corporation has the following accounts as of December 31, 2014. Total assets ...........$ 51,200 Total liabilities
Question:
Total assets ...........$ 51,200
Total liabilities ......... 23,700
Total equity ........... 27,500
Compute the debt to equity ratio at December 31, 2014.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Related Book For 
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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