Calculate total debt ratio
Question: A company has a long term debt equity ratio of 4. Shareholders equity is 1 million dollar. Current assets are $200,000 & the current ratio is 2. The only current liabilities are notes payable. Calculate the total debt ratio?
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Chick's Chicken has average accounts receivable of 6,333 dollar. Sales for the year were $9,800. Calculate its average collection period?
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A company has a long term debt equity ratio of 4. Shareholders equity is 1 million dollar. Current assets are $200,000 & the current ratio is 2.
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