Question 9 Using the financial information below, calculate company XYZ's 2017 Liabilities to Assets ratio. Enter...
Question 9
Using the financial information below, calculate company XYZ's 2017 Liabilities to Assets ratio. Enter your answer as a decimal with three places of precision (i.e. 0.123).
Homework Answers
Liabilities to Asset ratio for 2017 = (Account payable + deferred revenue + net long term payable)/(Accounts receivables + cash + inventory + net long lived asset)
= 15200/32000
= 0.475
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Question 9
Using the financial information below, calculate company XYZ's
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