The following information was taken from Charu Company's balance sheet: Fixed assets (net)............................$860,000 Long-term liabilities...........................200,000 Total liabilities..................................600,000
Question:
The following information was taken from Charu Company's balance sheet:
Fixed assets (net)............................$860,000
Long-term liabilities...........................200,000
Total liabilities..................................600,000
Total stockholders' equity...................250,000
Determine the company's
(A) Ratio of fixed assets to long-term liabilities and
(B) Ratio of liabilities to stockholders' equity. (Round to one decimal place.)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
A 1 Working Capital Current Assets Current Liabilities Current year 1...View the full answer
Answered By
Cyrus Sandoval
I a web and systems developer with a vast array of knowledge in many different front end and back end languages, responsive frameworks, databases, and best code practices. My objective is simply to be the best web developer that i can be and to contribute to the technology industry all that i know and i can do. My skills include:
- Front end languages: css, HTML, Javascript, XML
- Frameworks: Angular, Jquery, Bootstrap, Jasmine, Mocha
- Back End Languages: Java, Javascript, PHP,kotlin
- Databases: MySQL, PostegreSQL, Mongo, Cassandra
- Tools: Atom, Aptana, Eclipse, Android Studio, Notepad++, Netbeans.
Having a degree in Computer Science enabled me to deeply learn most of the things regarding programming, and i believe that my understanding of problem solving and complex algorithms are also skills that have and will continue to contribute to my overall success as a developer.
I’ve worked on countless freelance projects and have been involved with a handful of notable startups. Also while freelancing I was involved in doing other IT tasks requiring the use of computers from working with data, content creation and transcription.
1+ Reviews
10+ Question Solved
Related Book For 
Managerial Accounting
ISBN: 978-1337270595
14th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
Question Posted:
