Business
Business, 14.05.2021 20:00, eddrekas8564

Use the following Balance Sheet and Income Statement data of Bronson Corporation to calculate its debt to total assets ratio as of December 31, 2017: Current assets $9,000 Net income $70,000
Current liabilities 4,000 Common stock 10,000
Average assets 28,000 Total liabilities 6,000
Total assets 30,000 Retained earnings 20,000

Write your response rounded to the nearest whole number only.

answer
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Use the following Balance Sheet and Income Statement data of Bronson Corporation to calculate its de...

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