Check my work A firm has a long-term debt-equity ratio of 4. Shareholders' equity is $1 million. Current assets are $200

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Check my work A firm has a long-term debt-equity ratio of 4. Shareholders' equity is $1 million. Current assets are $200

Post by answerhappygod »

Check My Work A Firm Has A Long Term Debt Equity Ratio Of 4 Shareholders Equity Is 1 Million Current Assets Are 200 1
Check My Work A Firm Has A Long Term Debt Equity Ratio Of 4 Shareholders Equity Is 1 Million Current Assets Are 200 1 (55.67 KiB) Viewed 60 times
Check my work A firm has a long-term debt-equity ratio of 4. Shareholders' equity is $1 million. Current assets are $200,000, and the current ratio is 2. The only current liabilities are notes payable. What is the total debt ratio? (Round your answer to 2 decimal places.) Total debt ratio
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”