In its most recent annual report, HarborTech Solutions reported the following (in millions): Total assets = $18,200 Total stockholders' equity = $6,800 Total liabilities = $11,400 What proportion of HarborTech Solutions is financed by no owners?

In its most recent annual report, HarborTech Solutions reported the following (in millions): Total assets = $18,200 Total stockholders' equity = $6,800 Total liabilities = $11,400 What proportion of HarborTech Solutions is financed by no owners?

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 53E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...

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Question

Financial Accounting Question

In its most recent annual report, HarborTech Solutions
reported the following (in millions):
Total assets = $18,200
Total stockholders' equity = $6,800
Total liabilities
=
$11,400
What proportion of HarborTech Solutions is financed by
no owners?

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