Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 $ 47,000 $ 38,000 36,000 193,000 123,000 436,000 248,000 38,500 Accounts receivable Inventory Net sales 40,000 199,000 115,000 411,000 232,000 35,000 Cost of goods sold Total assets Total stockholders' equity Net income Stealth Company's 2021 debt to equity ratio is: (Round your answer to 1 decimal place.)

Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 $ 47,000 $ 38,000 36,000 193,000 123,000 436,000 248,000 38,500 Accounts receivable Inventory Net sales 40,000 199,000 115,000 411,000 232,000 35,000 Cost of goods sold Total assets Total stockholders' equity Net income Stealth Company's 2021 debt to equity ratio is: (Round your answer to 1 decimal place.)

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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