Compute the debt-to-total-assets ratio for 2019. the C 2017 2018 2019 Current assets $4,815 $4,713 $8,003 Long-term assets 3,380 3,806 813 Total assets $8,195 $8,519 $8,816 Current liabilities $2,711 $2,639 $2,452 Long-term liabilities 1,782 2.364 2,400 Total liabilities 4,493 5,039 4,816 Stockholders' equity 3,702 3,480 4,000 Total liabilities and stockholders' $8.195 $8.519 $8,816 equity
Compute the debt-to-total-assets ratio for 2019. the C 2017 2018 2019 Current assets $4,815 $4,713 $8,003 Long-term assets 3,380 3,806 813 Total assets $8,195 $8,519 $8,816 Current liabilities $2,711 $2,639 $2,452 Long-term liabilities 1,782 2.364 2,400 Total liabilities 4,493 5,039 4,816 Stockholders' equity 3,702 3,480 4,000 Total liabilities and stockholders' $8.195 $8.519 $8,816 equity
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Compute the debt-to-total-assets ratio for 2019.
the C
2017
2018
2019
Current assets
$4,815
$4,713
$8,003
Long-term assets
3,380
3,806
813
Total assets
$8,195
$8,519
$8,816
Current liabilities
$2,711 $2,639
$2,452
Long-term liabilities
1,782
2.364
2,400
Total liabilities
4,493
5,039
4,816
Stockholders' equity
3,702
3,480
4,000
Total liabilities and stockholders'
$8.195
$8.519
$8,816
equity
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