contestada

Aladdin Carpet Care had the following total assets, liabilities, and equity as of October 31: (Click the icon to view the data.) What is Aladdin Carpet Care's debt ratio as of October 31? - Debt Ratio 1 Data Table Assets Liabilities Equity $ 200,000 30,000 170,000 Print Done

Respuesta :

Answer:

0.15 or 15%

Explanation:

Total debt ratio is the ratio of total debt to total asset

Total debt ratio = total liability / total asset = 30,000 / 200,000 = 0.15 or 15%

Otras preguntas