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Anonymous
Anonymous asked in Business & FinanceCorporations · 1 decade ago

A firm has liabilities of $60,000 and stockholders' equity of $180,000. The percentage of total liabilities to?

2. Accounts Payable $140,000

Bonds Payable, 2020 100,000

Common Stock ($25 par value) 200,000

Retained Earnings 230,000

Market price of the common stock on December 31 was $50.

Given the above data taken from a company’s balance sheet and notes to the financial statements, the ratio of stockholders’ equity to total liabilities is:

(Points : 5)

0.64 to 1.

0.83 to 1.

1.79 to 1.

3.07 to 1.

1 Answer

Relevance
  • Anonymous
    1 decade ago
    Favorite Answer

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