Sukumo Corporation's balance sheet showed the following amounts: • • . Current Liabilities = $12,500 Bonds Payable = $4,500 Lease Obligations = $3,800 Notes Payable = $900 Total Stockholders' Equity = $14,000 What is Sukumo Corporation's debt-to-equity ratio?

Sukumo Corporation's balance sheet showed the following amounts: • • . Current Liabilities = $12,500 Bonds Payable = $4,500 Lease Obligations = $3,800 Notes Payable = $900 Total Stockholders' Equity = $14,000 What is Sukumo Corporation's debt-to-equity ratio?

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 30BEB: Klynveld Companys balance sheet shows total liabilities of 94,000,000, total stockholders equity of...

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Question

Subject: financial accounting

Sukumo Corporation's balance sheet showed
the following amounts:
•
•
. Current Liabilities = $12,500
Bonds Payable = $4,500
Lease Obligations = $3,800
Notes Payable = $900
Total Stockholders' Equity = $14,000
What is Sukumo Corporation's debt-to-equity
ratio?

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