Use the following information to compute the debt ratio. Assume that the list includes all liability and
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Question:
Use the following information to compute the debt ratio. Assume that the list includes all liability and equity items.
Accrued Income Taxes Payable | $ 9,000 |
Notes Payable (due in 14 months) | 1,100 |
Paid-In Capital | 1,750 |
Treasury Stock | 400 |
Current Portion of Long-Term Debt | 10,000 |
Unearned Revenue | 250 |
Accounts Payable | 700 |
Retained Earnings | 1,000 |
Additional Paid-In Capital | 4,000 |
Related Book For
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