On January 1, 2014, a company has assets of $16 billion and stockholders\' equit

Question

On January 1, 2014, a company has assets of $16 billion and stockholders' equity of $8 billion. On January 1, 2015, the same company has assets of $20 billion and stockholders' equity of $9 billion. During 2014, the company had total sales revenue of $9 billion and total expenses of $7 billion.

MC Qu. 48 The company s debt-to-assets ratio

MC Qu. 98 What is the amount of current assets to be ...

On January 1, 2014, a company has assets of $16 billion and stockholders' equity of $8 billion. On January 1, 2015, the same company has assets of $20 billion and stockholders' equity of $9 billion. During 2014, the company had total sales revenue of $9 billion and total expenses of $7 billion. MC Qu. 48 The company s debt-to-assets ratio The company's debt-to-assets ratio on January 1, 2015 is:

Explanation / Answer

1,0.035

2, A $26,950.

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