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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

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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
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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