ded Excerpts from Nationwide Company's December 31, 2024 and 2023, financial statements are presented below: Accounts receivable Inventory Net sales Cost of goods sold Total assets Total stockholders' equity Net income What is the debt to equity ratio for 2024? 2024 2023 $41,000 $38,000 29,000 38,000 199,000 189,000 116,000 117,000 430,000 416,000 246,000 235,000 39,500 33,000
ded Excerpts from Nationwide Company's December 31, 2024 and 2023, financial statements are presented below: Accounts receivable Inventory Net sales Cost of goods sold Total assets Total stockholders' equity Net income What is the debt to equity ratio for 2024? 2024 2023 $41,000 $38,000 29,000 38,000 199,000 189,000 116,000 117,000 430,000 416,000 246,000 235,000 39,500 33,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![ded
Excerpts from Nationwide Company's December 31, 2024 and 2023, financial statements are presented below:
Accounts receivable
Inventory
Net sales
Cost of goods sold
Total assets
Total stockholders' equity
Net income
What is the debt to equity ratio for 2024?
2024
$41,000
29,000
199,000
116,000
2023
$38,000
38,000
189,000
117,000
430,000 416,000
246,000 235,000
39,500
33,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff7ce6f30-73cb-426e-a01d-83176dc97b16%2Ffcaf1bfd-2903-459e-a491-1b728df3a582%2Fk1a5ada_processed.jpeg&w=3840&q=75)
Transcribed Image Text:ded
Excerpts from Nationwide Company's December 31, 2024 and 2023, financial statements are presented below:
Accounts receivable
Inventory
Net sales
Cost of goods sold
Total assets
Total stockholders' equity
Net income
What is the debt to equity ratio for 2024?
2024
$41,000
29,000
199,000
116,000
2023
$38,000
38,000
189,000
117,000
430,000 416,000
246,000 235,000
39,500
33,000
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