A balance sheet balances assets with their sources of debt and equity financing. If a corporation has assets equal to 4,
Posted: Wed Mar 30, 2022 3:38 pm
A balance sheet balances assets with their sources of debt and
equity financing. If a corporation has assets equal to 4,300,000
and a debt ratio of 72%, how much debt does the corporation have
on its books?
equity financing. If a corporation has assets equal to 4,300,000
and a debt ratio of 72%, how much debt does the corporation have
on its books?