Given the compressed balance sheet data (in $ millions) for KRJ Enterprises presented below, calculate the...

 

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Given the compressed balance sheet data (in $ millions) for KRJ Enterprises presented below, calculate the debt to tangible net worth ratio, using total liabilities in the numerator. Present your answer in percentage terms, rounded to one decimal place, e.g., 23.4%. Total current assets Fixed assets (net) Intangible assets Other noncurrent assets Short-term debt Current portion of long-term debt Other current liabilities Long-term debt Other long-term liabilities Add your answer $124 $350 $130 $54 $51 $24 $51 $82 $85 Given the compressed balance sheet data (in $ millions) for KRJ Enterprises presented below, calculate the debt to tangible net worth ratio, using total liabilities in the numerator. Present your answer in percentage terms, rounded to one decimal place, e.g., 23.4%. Total current assets Fixed assets (net) Intangible assets Other noncurrent assets Short-term debt Current portion of long-term debt Other current liabilities Long-term debt Other long-term liabilities Add your answer $124 $350 $130 $54 $51 $24 $51 $82 $85

Answer rating: 100% (QA)

To calculate the debt to tangible net worth ratio we need to determine the values of the numerator a... View the full answer