= Calculate the debt to equity ratio based on the following information: cash = $14,870; accounts receivable $22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000. Round to two decimal places.

= Calculate the debt to equity ratio based on the following information: cash = $14,870; accounts receivable $22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000. Round to two decimal places.

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 30BEB: Klynveld Companys balance sheet shows total liabilities of 94,000,000, total stockholders equity of...

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Calculate the debt...accounting question

=
Calculate the debt to equity ratio based on the
following information: cash = $14,870; accounts
receivable $22,108; prepaid $3,010; supplies =
$927; equipment = $62,150; accumulated
depreciation = 13,750; accounts payable = 28,000.
Round to two decimal places.

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