Ranger Corporation reports the following amounts in their 2018 financial statements: Instructions
(a) Compute the December 31, 2018, balance in stockholders' equity.
(b) Compute the debt to assets ratio at December 31, 2018.
(c) Compute times interest earned for 2018.

Question

Ranger Corporation reports the following amounts in their 2018 financial statements:  Instructions
(a) Compute the December 31, 2018, balance in stockholders' equity.
(b) Compute the debt to assets ratio at December 31, 2018.
(c) Compute times interest earned for 2018.

Quizplus · Accepted Answer

The Answer of Ranger Corporation reports the following amounts in their 2018 financial statements:  Instructions
(a) Compute the December 31, 2018, balance in stockholders' equity.
(b) Compute the debt to assets ratio at December 31, 2018.
(c) Compute times interest earned for 2018.

Ranger Corporation Reports the Following Amounts in Their 2018 Financial