Financial and Managerial Accounting: Information for Decisions
Financial and Managerial Accounting: Information for Decisions
6th Edition
ISBN: 9780078025761
Author: John J Wild, Ken Shaw Accounting Professor, Barbara Chiappetta Fundamental Accounting Principles
Publisher: McGraw-Hill Education
Question
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Chapter 13, Problem 5MCQ
To determine

Equity ratio:

Equity ratio is the ratio through which it can be known that how much money has been financed in the firm company by the owner’s. it is also known as the investment leverage and solvency ratio.

Equity ratio.

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