Question: please help with this question asap!! thank you!! ? Ratio of liabilities to stockholders' equity The following data were taken from Alvarado Company's balance sheet:
? Ratio of liabilities to stockholders' equity The following data were taken from Alvarado Company's balance sheet: Dec. 31, 2014 Dec. 31, 20Y3 Total liabilities $4,085,000 $2,880,000 Total stockholders' equity 4,300,000 3,600,000 a. Compute the ratio of liabilities to stockholders' equity for each year. Round your answers to 2 decimal places. 0.80 x Dec. 31, 2014 Dec. 31, 20Y3 1.0 x b. Has the creditor's risk increased or decreased from December 31, 20Y3, to December 31, 2014? Increased Feedback Check My Work Partially correct
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
