2019 2020 2019 2020 ash $2,000 $1,600 Accounts payable $4,000 $3,500 Ccounts receivable $4,200 $4,500 Utilities payable $800 $1,500 iventory $2,600 $4,000 Salaries payable $2,200 $2,600 repaid rent $800 $500 Notes payable $10,000 $9,000 quipment $16,000 $16,000 Interest payable $600 $900 ccum. depreciation ($2,200) ($2,800) Common stock $10,000 $10,000 and $10,000 $6,500 Retained earnings $5,800 $2,800 $33,400 $30,300 $33,400 $30,300 iven the above information, approximately how much was the debt-to-equity ratio for 2020? 1.224 1.231 1.227 O 1.113 O 1.367

2019 2020 2019 2020 ash $2,000 $1,600 Accounts payable $4,000 $3,500 Ccounts receivable $4,200 $4,500 Utilities payable $800 $1,500 iventory $2,600 $4,000 Salaries payable $2,200 $2,600 repaid rent $800 $500 Notes payable $10,000 $9,000 quipment $16,000 $16,000 Interest payable $600 $900 ccum. depreciation ($2,200) ($2,800) Common stock $10,000 $10,000 and $10,000 $6,500 Retained earnings $5,800 $2,800 $33,400 $30,300 $33,400 $30,300 iven the above information, approximately how much was the debt-to-equity ratio for 2020? 1.224 1.231 1.227 O 1.113 O 1.367

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

ChapterM: Time Value Of Money Module

Section: Chapter Questions

Problem 13P: Present Value of an Annuity Ralph Benke wants to make 8 equal semiannual withdrawals of 8,000 from a...

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