9 LISICH An extract from a printing company's 2021 financial statements follows: Balance sheet As of December 31, 2021 As of December 31, 2020 Total assets Total liabilities Total stockholders' equity 1) 0.75 O2) 0.65 What was the company's debt-to-assets ratio for 2021? 3) 3.32 57,699 4) 0.50 37,682 €20,017 54,013 37,919 16,096

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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9 LISICH
An extract from a printing company's 2021 financial statements follows:
Balance sheet
As of December 31, 2021
As of December 31, 2020
Total assets
Total liabilities
Total stockholders' equity
1) 0.75
O2) 0.65
What was the company's debt-to-assets ratio for 2021?
3) 3.32
57,699
4) 0.50
37,682
€20,017
54,013
37,919
16,096
Transcribed Image Text:9 LISICH An extract from a printing company's 2021 financial statements follows: Balance sheet As of December 31, 2021 As of December 31, 2020 Total assets Total liabilities Total stockholders' equity 1) 0.75 O2) 0.65 What was the company's debt-to-assets ratio for 2021? 3) 3.32 57,699 4) 0.50 37,682 €20,017 54,013 37,919 16,096
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