Consider the following information and compute the ratio of liabilities to stockholders' equity. (Round the answer to

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Consider the following information and compute the ratio of liabilities to stockholders' equity. (Round the answer to two decimal places.)

Total liabilities → $280,000
Total stockholders equity → $880,000

A. 1.32

B. 4.14

C. 0.32

D. 2.14

Related Book For answer-question

Cornerstones of Financial and Managerial Accounting

ISBN: 978-0324787351

1st Edition

Authors: Rich Jones, Mowen, Hansen, Heitger

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Posted Date: Mar 03, 2022 12:31 AM

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Consider the following information and compute the ratio of liabilities to stockholders' equity. (Round the answer to

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given Total liabie ties 280000 Total ... View the full answer

Cornerstones of Financial and Managerial Accounting

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