Question: Complete the following task Complete the following tasks: a. Consider the following worksheet with information extracted from a financial statement: 2018 || Assets Liabilities Equity

Complete the following task Complete the following tasks: a. Consider the following Complete the following task

Complete the following tasks: a. Consider the following worksheet with information extracted from a financial statement: 2018 || Assets Liabilities Equity Reported ($)||500 000||100 000 400 000 An analyst makes an adjustment that decreases goodwill by $100 000 and equity (profit) by $100 000. This goodwill was acquired on consolidation, hence there are no tax adjustments. Using the worksheet approach, what would be the change in the debt to assets ratio

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