Loose Leaf for Financial Accounting: Information for Decisions
Loose Leaf for Financial Accounting: Information for Decisions
9th Edition
ISBN: 9781260158762
Author: John J Wild
Publisher: McGraw-Hill Education
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Chapter 13, Problem 15DQ
Summary Introduction

Concept Introduction:

Equity ratio indicates the relation between the total stockholder’s equity and the total assets of the business. This ratio is calculated by dividing total stockholder’s equity by total assets.

To Calculate: the equity ratio of the company for the year 2016 and 2015.

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