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Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger
Edition 4ISBN: 978-0324380767Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger
Edition 4ISBN: 978-0324380767 Exercise 47
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 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger
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