Calculate the interest bearing debt ratio, Accounting Basics

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Calculate the interest bearing debt ratio

Problem: Azam Berhad is a home improvement retailer. The company financial structure as follow where the company has a short-term debt of RM400000; account payable RMI 00000; long term debt RM2000000 and owners' equity of RM1500000. Calculate the interest bearing debt ratio of Azam Berhad for their present capital structure.

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Accounting Basics: Calculate the interest bearing debt ratio

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Accounting Basics: Calculate the interest bearing debt ratio

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