FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Company
DreamWorks
Pixar
Universal
Company
DreamWorks
Expenses
$ 36,000
88,000
19,000
Pixar
Universal
a. Compute the debt ratio for each of the three companies.
Note: Round your answers to 2 decimal places.
3
Total Assets
$ 75,000
157,000
82,000
Debt Ratio
Net Income
$ 33,000
48,000
6,400
Total Liabilities
$ 61,500
148,400
26,880
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Transcribed Image Text:Company DreamWorks Pixar Universal Company DreamWorks Expenses $ 36,000 88,000 19,000 Pixar Universal a. Compute the debt ratio for each of the three companies. Note: Round your answers to 2 decimal places. 3 Total Assets $ 75,000 157,000 82,000 Debt Ratio Net Income $ 33,000 48,000 6,400 Total Liabilities $ 61,500 148,400 26,880
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