Question: Using the data below, compute DEBT RATIO. Accounts Payable 800 Accounts Receivable 1,100 Capital Stock 2,000 Cash 50 Cost of Goods Sold 6,000 Inventory 1,500

Using the data below, compute DEBT RATIO.

Accounts Payable 800

Accounts Receivable 1,100

Capital Stock 2,000

Cash 50

Cost of Goods Sold 6,000

Inventory 1,500

Long-term Debt 1,820

Net Income 950

Property, Plant, and Equipment (net) 3,000

Retained Earnings 1,030

Sales 10,000

Market value of shares 12,000

  • 115.6%
  • 215.6%
  • 46.4%
  • 21.8%
  • 32.2%

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