Stonebridge Technologies has the following items on its balance sheet: Current Liabilities = $15,000 Bonds Payable = $8,000 Lease Obligations = $6,500 Notes Payable = $2,500 Total Stockholders' Equity = $32,000 What is the Debt-to-Equity Technologies? Ratio for Stonebridge
Stonebridge Technologies has the following items on its balance sheet: Current Liabilities = $15,000 Bonds Payable = $8,000 Lease Obligations = $6,500 Notes Payable = $2,500 Total Stockholders' Equity = $32,000 What is the Debt-to-Equity Technologies? Ratio for Stonebridge
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
Problem 8P
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Transcribed Image Text:Stonebridge Technologies has the following items on its
balance sheet:
Current Liabilities = $15,000
Bonds Payable = $8,000
Lease Obligations = $6,500
Notes Payable = $2,500
Total Stockholders' Equity = $32,000
What is the Debt-to-Equity
Technologies?
Ratio
for Stonebridge
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