Question: Using the Balance Sheet Below ASSETS LIABILITIES AND EQUITY Cash & 50,000.00 Accounts payable $ 23.000.00 Account recevabes 42,700.00 Short term notes payables 10.500.00 Invertores


Using the Balance Sheet Below ASSETS LIABILITIES AND EQUITY Cash & 50,000.00 Accounts payable $ 23.000.00 Account recevabes 42,700.00 Short term notes payables 10.500.00 Invertores Total current abilities S 33.500.00 OS Long term debt 200,000.00 Tot 137200 Total liabilities 233,500.00 Gosts Common equity Accede 312 000 Common stock s. 190.000.00 96 Betained earnings s 397,200.00 Sets 5. Total common equitys 387 200.00 Total assets 1200 Total liabilities and equity $ 1.120.700.00 What is the Debt Ratio: ANSWER IN DECIMAL NUMBERS TO 4 PLACES You
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