Sunday, February 24, 2019

The debt to total assets ratio will go up if an equal amount of assets and liabilities are added to the balance sheet.

The debt to total assets ratio will go up if an equal amount of assets and liabilities are added to the balance sheet.



Answer: true

No comments:

Post a Comment

Assuming a current ratio of 1.2 and an acid-test ratio of 0.80, how will the purchase of inventory with cash affect each ratio?

Assuming a current ratio of 1.2 and an acid-test ratio of 0.80, how will the purchase of inventory with cash affect each ratio? A) Increase ...