Buick Company presented the following data at the end of 2019: Current liabilities $450,000 Long-term debt $2,280,000

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Buick Company presented the following data at the end of 2019:

Current liabilities $450,000

Long-term debt $2,280,000

Deferred income taxes $850,000

Preferred stock $420,000

Common stock $1,450,000

Retained earnings $2,080,000

Determine the debt-to-total assets ratio for Buick Company

Related Book For answer-question

Financial Reporting and Analysis Using Financial Accounting Information

ISBN: 978-1439080603

12th Edition

Authors: Charles H Gibson

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Posted Date: Apr 06, 2023 05:42 AM

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Buick Company presented the following data at the end of 2019: Current liabilities $450,000 Long-term debt $2,280,000

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Financial Reporting and Analysis Using Financial Accounting Information

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