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    Financial and Managerial Accounting Study Set 11
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    Exam 1: Introduction to Accounting and Business
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    Given the Following Data: (A) Compute the Ratio of Liabilities
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Given the Following Data: (A) Compute the Ratio of Liabilities

Question 64

Question 64

Essay

Given the following data: Given the following data:   (a) Compute the ratio of liabilities to stockholders' equity for each year. Round your answer to two decimal places.(b) Has the creditors' risk increased or decreased from December 31, Year 1, to December 31, Year 2? (a) Compute the ratio of liabilities to stockholders' equity for each year. Round your answer to two decimal places.(b) Has the creditors' risk increased or decreased from December 31, Year 1, to December 31, Year 2?

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