Finney Corporation has the following data as of December 31,2018:Compute the debt to equity ratio at December 31,2018. Total Current Liabilities$36,210 Total Stockholders' Equity$ ?Total Current Assets32,670 Other Assets33,500Long-term Liabilities204,970 Property, Plant, and Equipment, Net330,610

Assets = Liabilities + Equity Therefore , Equity = Assets - Liabilities Equity = 330,610 + 32,670 +…

Answered: Finney Corporation has the following…

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 50E: Juroe Company provided the following income statement for last year: Juroes balance sheet as of...

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Finney Corporation has the following data as of December 31,

2018:

Compute the debt to equity ratio at December 31,2018.

Total Current Liabilities	$36,210	Total Stockholders' Equity	$ ?
Total Current Assets	32,670	Other Assets	33,500
Long-term Liabilities	204,970	Property, Plant, and Equipment, Net	330,610

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