Given the following data: Total liabilities Total stockholders' equity Dec. 31, Year 2 $128,250 95,000 Dec....

 

Transcribed Image Text:

Given the following data: Total liabilities Total stockholders' equity Dec. 31, Year 2 $128,250 95,000 Dec. 31, Year 1 $120,000 80,000 Compute the ratio of liabilities to stockholders' equity for each year. Round to two decimal places. Ca. 1.50 and 1.07, respectively Ob. 1.07 and 1.19, respectively Cc. 1.19 and 1.35, respectively Od. 1.35 and 1.50, respectively Given the following data: Total liabilities Total stockholders' equity Dec. 31, Year 2 $128,250 95,000 Dec. 31, Year 1 $120,000 80,000 Compute the ratio of liabilities to stockholders' equity for each year. Round to two decimal places. Ca. 1.50 and 1.07, respectively Ob. 1.07 and 1.19, respectively Cc. 1.19 and 1.35, respectively Od. 1.35 and 1.50, respectively

Answer rating: 100% (QA)

Computation stakeholders equity of ratio of liabilities to ... View the full answer