The year-end balance sheet of Krans Corp. shows total stockholders' equity of $597,000, current liabilities of...
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The year-end balance sheet of Krans Corp. shows total stockholders' equity of $597,000, current liabilities of $97,500, and long-term liabilities of $390,000. What would be this company's debt to equity ratio? Round your answer to two decimal places (e.g. 1.34), Please do not put dollar signs or words in your answer, only the number. Your Answer: The year-end balance sheet of Krans Corp. shows total stockholders' equity of $597,000, current liabilities of $97,500, and long-term liabilities of $390,000. What would be this company's debt to equity ratio? Round your answer to two decimal places (e.g. 1.34), Please do not put dollar signs or words in your answer, only the number. Your Answer:
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Managerial Accounting for the Hospitality Industry
ISBN: 978-1119386223
2nd edition
Authors: Lea R. Dopson, David K. Hayes
Posted Date:
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