Home / Questions / he following data were taken from Alvarado Company’s balance sheet:

he following data were taken from Alvarado Company’s balance sheet:

he following data were taken from Alvarado Company’s balance sheet:

OBJ. 6

Dec. 31, 2019

Total liabilities $4,085,000 Total owner’s equity 4,300,000

Compute the ratio of liabilities to owner’s equity.

Dec. 31, 2018

$2,880,000 3,600,000

a. b.

Has the creditor’s risk increased or decreased from December 31, 2018, to December 31, 2019?

 

Sep 22 2020 Read more Less More

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