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Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger
Edition 6ISBN: 978-1305103962Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger
Edition 6ISBN: 978-1305103962 Exercise 9
Etchey Company shows that 46% of its assets are financed by creditors. Which of the following shows this result?
A) Current ratio
B) Times-interest-earned ratio
C) Debt ratio
D) Inventory turnover in days
E) Return on sales
A) Current ratio
B) Times-interest-earned ratio
C) Debt ratio
D) Inventory turnover in days
E) Return on sales
Explanation
Verified
Verified
That is, debt ratio as E Company is usin...
Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger
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