Based On The Above Figures And The Formula For Calculating The Debt Assets Ratio

Home / study / business / finance / finance questions and answers / Given The Following Year 12 Balance Sheet Data For A Footwear Company: Balance Sheet Data Cash Question: Given the following Year 12 balance sheet data for a footwear company: Balance Sheet Data .Retained Earnings 30,000 12,000 42,000. Total Shareholder Equity 130,000 +12,000 142,000. Based on the above figures and the formula for calculating the debt-assets ratio found on the Help screen for p. 5 of the Footwear Industry Report, the company s debt-assets ratio where debt is defined to include both short-term .Based on the above figures and the formula for calculating the debt-assets ratio, the company 's debt- assets ratio where debt is defined to include both short-term and long-term debt is 0.442. 0.418. 0.364. 0.091. 0.455. The most important/essential results from the latest decision round that company managers need to .Common Stock 10,,000 Additional Capital 90,,000 Retained Earnings 30,000 12,000 42,000 Total Shareholder Equity 130,000 +12,000 142,000 Based on the above figures and the formula for calculating the debt-assets ratio found on the Help screen for p. 5 of the Footwear Industry Report, the company 's .