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Bundle: Financial & Managerial Acc...

13th Edition
Carl Warren + 2 others
ISBN: 9781305720619

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BuyFindarrow_forward

Bundle: Financial & Managerial Acc...

13th Edition
Carl Warren + 2 others
ISBN: 9781305720619

a)

To determine

Ratio of liabilities to stockholders' equity: Ratio of liabilities to stockholders' equity shows the relationship between the liabilities and the Stockholder’s equity. This ratio measures the claims of creditors over the claims of owners in financing the assets. A lower ratio indicates that the company has good ability to pay off the creditors’ obligations.

Ratio of liabilities toStockholder’s equity}=Total LiabilitiesTotal Stockholder’s Equity

To determine: Total liabilities at the end of the years 2 and 1 for Company THD.

Explanation

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