Assets: Cash Accounts receivable (net) Investments Inventory Prepaid rent Total current assets Property & Equipment, (net) Total assets $66 179 55 200 28 528 264 $792 Liabilities and Stockholder's Equity: Accounts payable Other liabilities Total current liabilities Long-term liabilities Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and equity What is the debt to equity ratio? (Round your answer to two decimal places.) $246 81 327 118 445 156 191 347 $792

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Multiple Choice
O
O
O
1.28
0.94
0.56
2.33
Transcribed Image Text:Multiple Choice O O O 1.28 0.94 0.56 2.33
Assets:
Cash
Accounts receivable (net)
Investments
Inventory
Prepaid rent
Total current assets
Property & Equipment, (net)
Total assets
$66
179
55
200
28
528
264
$792
Liabilities and Stockholder's Equity:
Accounts payable
Other liabilities
Total current liabilities
Long-term liabilities
Total liabilities
Common stock
Retained earnings
Total stockholders' equity
Total liabilities and equity
What is the debt to equity ratio? (Round your answer to two decimal places.)
$246
81
327
118
445
156
191
347
$792
Transcribed Image Text:Assets: Cash Accounts receivable (net) Investments Inventory Prepaid rent Total current assets Property & Equipment, (net) Total assets $66 179 55 200 28 528 264 $792 Liabilities and Stockholder's Equity: Accounts payable Other liabilities Total current liabilities Long-term liabilities Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and equity What is the debt to equity ratio? (Round your answer to two decimal places.) $246 81 327 118 445 156 191 347 $792
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