As of Dec. 31, 2012 958,245 125,850 195,650 45,300 $1,325,045 1,478,320 125,600
ID: 2514145 • Letter: A
Question
As of Dec. 31, 2012 958,245 125,850 195,650 45,300 $1,325,045 1,478,320 125,600 $2,928,965 Dec. 31,2011 $ 745,800 135,400 175,840 30,860 1,087,900 ,358,700 120,400 $2,567,000 Cash and short-term investments Accounts Receivable (net) Inventories Prepaid Expenses and other current assets Total Current Assets Plant, Property and Equipment, net Intangible Assets Total Assets Short-term borrowings Current portion of long-term debt Accounts payable Accrued liabilities Income taxes payable S 25,190 45,000 285,400 916,722 125,400 $1,397.712 450,000 $1,847,712 $1,081,253 $ 38,108 40,000 325,900 705,891 115,600 $1,225,499 430,000 1,655,499 911,501 Total Current Liabilities Long-term Debt Total Liabilities Shareholders' EquityExplanation / Answer
shareholder's equity = Total liabilities-total assets
long term debt= given 450000
Thus long term debt to shareholder's equity ratio= long term debt / shareholder's equity
450000/1531253 (2928965-1397712)
29.3%
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.