Answer is 0.47
Total Debt = Current Liabilities + Long-term Liabilities
Total Debt = $92,000 + $25,000
Total Debt = $117,000
Total Equity = Common Stock + Retained Earnings
Total Equity = $117,000 + $133,000
Total Equity = $250,000
Debt-to-Equity Ratio = Total Debt / Total Equity
Debt-to-Equity Ratio = $117,000 / $250,000
Debt-to-Equity Ratio = 0.47
A corporation reports the following year-end balance sheet data. The company's debt-to-equity ratio equals: $ 56,000...
A corporation reports the following year-end balance sheet data. The company's debt ratio equals Cash Accounts receivable Inventory Equipment Total assets $ 53,000 Current liabilities $ 88,000 68,0oe Long-term liabilities 73,eee Common stock 113,000 121,00e $352,000 Total liabilities and equity$352.eee 158,eee Retained earnings Multiple Choice 0150 138
NWC ratio and Debt-equity ratio?
Birtle Corporation reports the following statement of financial position information for 2017 and 2018. Assets 2018 Current assets Cash Accounts receivable Inventory Total $ 43,805 16,843 BIRTLE CORPORATION 2017 and 2018 Statement of Financial Position Liabilities and Owners' Equity 2017 2018 2017 Current liabilities $ 9,279 $ 11,173 Accounts payable $ 41,060 23,683 25,760 Notes payable 16,157 42,636 46,915 $ 75,598 $ 83, 848 Total $ 57,217 Long-term debt $ 40,000 Owners' equity $272,047 $297,967...
A company’s balance sheet reports total liabilities of $2,000,000. The debt to equity ratio is 2.5. What is the company’s stockholders' equity? Multiple Choice $800,000 $2,000,000 $1,000,000 $320,000
Just Dew It Corporation reports the following balance sheet information for 2017 and 2018 ook $ 73,750 $ 63,750 rences JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities $ 10,500 $10.450 Cash Accounts payable 28,250 Accounts receivable 28,600 Notes payable 50,000 49,750 $ 123,750 $ 113,500 Inventory 64,300 63,500 Total $ 103,050 $ 102,550 $ 63,600 $ 64,600 Total Long-term debt Owners' equity Common stock and...
Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities Cash $ 10,150 $ 10,300 Accounts payable $ 70,250 $ 61,250 Accounts receivable 27,700 28,950 Notes payable 47,250 46,750 Inventory 62,300 64,800 Total $ 117,500 $ 108,000 Total $ 100,150 $...
Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners’ Equity 2017 2018 2017 2018 Current assets Current liabilities Cash $ 8,850 $ 14,200 Accounts payable $ 37,500 $ 46,600 Accounts receivable 15,750 23,000 Notes payable 11,850 19,400 Inventory 34,650 52,200 Total $ 59,250 $ 89,400 Total $ 49,350 $ 66,000 Long-term debt $ 27,000 $ 24,000 Owners’ equity Common stock and...
Just Dew It Corporation reports the following balance sheet information for 2001 and 2002. Use this information to work Problems 13 through 17. 2001 2002 Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment JUST DEW IT CORPORATION Balance Sheets as of December 31, 2001 and 2002 2001 2002 Liabilities and Owners' Equity Current liabilities $ 9,201 $ 9,682 Accounts payable 28,426 29,481 Notes payable 54,318 63,682 Total $ 91,945 $102,845 Long-term debt Owners' equity...
Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners’ Equity 2017 2018 2017 2018 Current assets Current liabilities Cash $ 7,800 $ 12,250 Accounts payable $ 46,400 $ 52,750 Accounts receivable 15,800 31,000 Notes payable 20,600 26,500 Inventory 53,400 64,250 Total $ 77,000 $ 107,500 Total $ 67,000 $ 79,250 Long-term debt $ 46,000 $ 40,000 Owners’ equity Common stock and...
Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners’ Equity 2017 2018 2017 2018 Current assets Current liabilities Cash $ 7,950 $ 11,800 Accounts payable $ 40,500 $ 45,800 Accounts receivable 23,550 29,000 Notes payable 14,850 20,800 Inventory 36,750 47,000 Total $ 68,250 $ 87,800 Total $ 55,350 $ 66,600 Long-term debt $ 30,000 $ 24,000 Owners’ equity Common stock and...
Bethesda Mining Company reports the following balance sheet Information for 2018 and 2019. 2018 2019 Assets Current assets Cash Accounts receivable BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Llabilities and Owners' Equity Current liabilities $ 31,982 $ 41,399 Accounts payable 58,781 79,139 Notes payable $ 193,422 $ 201,111 88,520 140,088 Inventory 131,971 198,632 Total $ 281,942 $ 341,199 Total $222,734 $319,170 $244.000 $ 180,750 Long-term debt Owners' equity Common stock and pald-In surplus...