The owner of Tech Tronics Ltd has asked you to calculate the Debt Ratio. You have found
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Question:
The owner of Tech Tronics Ltd has asked you to calculate the Debt Ratio.
You have found that total current assets is $36594 and total non-current assets is $83497.
Current liabilities total 17376 and non-current liabilities total 58248.
Of the total current assets you determine inventory totals $8154 and accounts receivable totals $6408.
Related Book For
Managerial Accounting
ISBN: 978-0077522940
15th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
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