Question: Reporting liabilities on the balance sheet and computing debt to equity ratio The accounting records of Path Leader Wireless include the following as of December 31, 2016:
![2252_SP.png](https://secure.tutorsglobe.com/CMSImages/2252_SP.png)
Requirements: 1. Report these liabilities on the Path Leader Wireless balance sheet, including headings and totals for current liabilities and long-term liabilities.
2. Compute Path Leader Wireless's debt to equity ratio at December 31, 2016.