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Rickos Rickos
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7 years ago
Cornucopia's liabilities and equity are shown below:
Accounts Payable   $500,000
Accrued Expenses   250,000
Short-term Note at 5%   300,000
Long-Term Debt   1,250,000
Common Equity, Book Value   2,500,000
Common Equity, Market Value   6,000,000

Cornucopia's debt ratio is
A) .48.
B) .32.
C) .21.
D) .30.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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David_hessDavid_hess
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7 years ago
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Rickos Author
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7 years ago
Just got PERFECT on my quiz
erimis
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this is exactly what I needed
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This helped my grade so much Perfect
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