What is the debt ratio, Wilson's Realty has total assets of $46,800, net fixed assets of , Accounting Basics

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What is the debt ratio

Problem:

Wilson's Realty has total assets of $46,800, net fixed assets of $37,400, current liabilities of $6,100, and long-term liabilities of $24,600.

Required:

Question: What is the debt ratio?

A. 0.60

B. 0.41

C. 0.66

D. 0.78

Note: Show supporting computations in good form.

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Accounting Basics: What is the debt ratio

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Accounting Basics: What is the debt ratio

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Accounting Basics: What is the debt ratio

Reference No:- TGS0888293

Recent Questions Asked Accounting Basics

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