BuyFind

Financial & Managerial Accounting

13th Edition
Carl Warren + 2 others
Publisher: Cengage Learning
ISBN: 9781285866307
BuyFind

Financial & Managerial Accounting

13th Edition
Carl Warren + 2 others
Publisher: Cengage Learning
ISBN: 9781285866307

Solutions

Chapter
Section
Chapter 1, Problem 1.8BPE
Textbook Problem

Ratio of liabilities to stockholders' equity

The following data were taken from Alvarado Company's balance .sheet:

  Dec. 31,2016 Dec. 31,2015
Total liabilities $4,085,000 $2,880,000
Total stockholders’ equity 4,300,000 3,600,000
  • a. Compute the ratio of liabilities to stockholders' equity.
  • b. Has the creditor's risk increased or decreased from December 31. 2015, to December 31. 2016?

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Chapter 1 Solutions

Financial & Managerial Accounting
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