BUSN 5200: St. Louis company has accounts payable of 10,000, long term debt of 25,000, common stock with a value of 50,000, sales in the amount of 100,000, cash in the amount of 40,000 and accounts receivable in the amount of 10,000. Calculate the debt ratio.
Posted: December 19th, 2022
St. Louis company has accounts payable of 10,000, long term debt of 25,000, common stock with a value of 50,000, sales in the amount of 100,000, cash in the amount of 40,000 and accounts receivable in the amount of 10,000. Calculate the debt ratio.
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