Question: (b) Your answer is incorrect. Compute the debt to assets ratio at year-end. (Round answers to 0 decimal places, e.g. 5,275.) Debt to assets ratio

(b) Your answer is incorrect. Compute the debt to assets ratio at year-end. (Round answers to 0 decimal places, e.g. 5,275.) Debt to assets ratio APR 9 tv Attempts: 2 A i Wildhorse Corporation leases new equipment for 10 years on December 31, 2022. The present value of the lease payments is $190,000. After recording this lease, Wildhorse has assets of $1,800,000, liabilities of $1,098,000, and stockholders' equity of $702,000. (a) Your answer is correct. Prepare the entry to record the lease. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Right-of-Use-Asset Lease Liability Touthealand Madle Debit Credit 190000 190000

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