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

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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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
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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