Loose Leaf for Financial Accounting: Information for Decisions
Loose Leaf for Financial Accounting: Information for Decisions
9th Edition
ISBN: 9781260158762
Author: John J Wild
Publisher: McGraw-Hill Education
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Chapter 13, Problem 16DQ
Summary Introduction

Concept Introduction:

Debt ratio indicates the relation between the total liabilities and the total assets of the business. This ratio is calculated by dividing total liabilities by total assets.

To Calculate: the debt ratio of the company for the year 2016 and 2015.

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