Casey cordell is the owner of a digital photography service


Question: Casey Cordell is the owner of a digital photography service in Madison, Wisconsin. The company has been profitable every year of its existence. Its debt ratio is currently 68 percent, its current ratio is 1.1, and its debt-to-equity ratio is 72.2 percent. Do these financial numbers cause any reason to be concerned? Why or why not?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Casey cordell is the owner of a digital photography service
Reference No:- TGS02516589

Now Priced at $15 (50% Discount)

Recommended (97%)

Rated (4.9/5)