Current Liabilities 25,000.00 Accounts Payable Mr. T, Capital 175,000.00 300,000.00 Net Profit 77,000.00 Interest Expense 7,000.00

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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What is the debt ratio? What is the equity-debt ratio? (Equity/Total Debt) What is the debt to equity ratio?
Current Liabilities
25,000.00
Accounts Payable
Mr. T, Capital
175,000.00
300,000.00
Net Profit
77,000.00
Interest Expense
7,000.00
Transcribed Image Text:Current Liabilities 25,000.00 Accounts Payable Mr. T, Capital 175,000.00 300,000.00 Net Profit 77,000.00 Interest Expense 7,000.00
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