Homework Answers
Total liabilities = $1,073.2
Stockholders equity = $1,252.5
total assets = $2,325.7
b.
Percentage contributed by owner = Stockholders equity/total assets
= 1,252.5/2,325.7
= 53.9%
Percentage contributed by creditors = Total liabilities/Total assets
= 1,073.2/2,325.7
= 46.1%
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Answer question please.
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