Biology Forums - Study Force

Other Fields Homework Help Accounting Topic started by: H3Ko on Aug 28, 2016



Title: Camile Plastics Company had the following total assets, liabilities, and equity as of December ...
Post by: H3Ko on Aug 28, 2016
Camile Plastics Company had the following total assets, liabilities, and equity as of December 31.

Assets   $430,000
Liabilities   132,000
Equity   298,000

What is the company's debt ratio as of December 31? (Round your percentage answer to two decimal places.)
A) 44.30%
B) 30.70%
C) 100.00%
D) 69.30%


Title: Re: Camile Plastics Company had the following total assets, liabilities, and equity as of December ...
Post by: Tanks on Aug 28, 2016
Content hidden


Title: Re: Camile Plastics Company had the following total assets, liabilities, and equity as of December ...
Post by: H3Ko on Oct 12, 2016
YES! Can't believe I got this one right. Appreciate the confirmation


Title: Re: Camile Plastics Company had the following total assets, liabilities, and equity as of December ...
Post by: Siranie on Feb 6, 2021
Thank you!