just need #25 answered
Homework Answers
Solution:
0.704
Explantion:
Fixed assets = 1456828 - 250985 - 330187 = 875656
Intermediate liabilities = 1025456 - 232421 - 560973 = 232062
Net worth = 1456828 - 1025456 = 431,372
Total debt = 232421 + 232062 + 560973 = 1,025,456
Total assets = 250985 + 330187 + 875656 = 1,456,828
Debt asset ratio = Total debt / Total assets = 1025456 / 1456828 = 0.70389 = 0.704
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just need #25 answered
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