Ratio of Liabilities to Stockholders' Equity The Builder's Outlet, is the world's largest home improvement retailer and one of the largest retailers in the United States based on net sales volume. The Builder's Outlet operates over 2,200 Builder's Outlet stores that sell a wide assortment of building materials and home improvement and lawn and garden products Builder's Outlet recently reported the following balance sheet data (in millions): Year 1 $113,724 35,100 Year 2 Total assets $49,725 Total stockholders' equity 32,500 a. Determine the total liabilities at the end of Years 2 and 1. Year 2 millon million Year 1 b. Determine the ratio of liabilities to stockholders equity for Year 2 and Year 1. Round your answers to two decimal places. Year 2 Year 1 c. The ratio of liabilities to stockholders' equity indicating nisk for creditors from Year 1 to Year 2.

Ratio of Liabilities to Stockholders' Equity The Builder's Outlet, is the world's largest home improvement retailer and one of the largest retailers in the United States based on net sales volume. The Builder's Outlet operates over 2,200 Builder's Outlet stores that sell a wide assortment of building materials and home improvement and lawn and garden products Builder's Outlet recently reported the following balance sheet data (in millions): Year 1 $113,724 35,100 Year 2 Total assets $49,725 Total stockholders' equity 32,500 a. Determine the total liabilities at the end of Years 2 and 1. Year 2 millon million Year 1 b. Determine the ratio of liabilities to stockholders equity for Year 2 and Year 1. Round your answers to two decimal places. Year 2 Year 1 c. The ratio of liabilities to stockholders' equity indicating nisk for creditors from Year 1 to Year 2.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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