The Hudson Corporation reported the following data: Year 3Year 2Year 1Equipment$18,000$16,000$14,000Accounts payable2,3008001,000Cash8,9009,3008,200Supplies1,2001,4001,700Accounts receivable600400200Notes
The Hudson Corporation reported the following data:
Year 3Year 2Year 1Equipment$18,000$16,000$14,000Accounts payable2,3008001,000Cash8,9009,3008,200Supplies1,2001,4001,700Accounts receivable600400200Notes payable10,30012,10014,700Inventory2,0002,2002,400
What is the company’s debt ratio for Year 3? Convert your final answer to a percentage, round to one decimal place and enter without the “%” sign (e.g. a final answer of 0.105678 would be entered as 10.6).
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”
The post The Hudson Corporation reported the following data: Year 3Year 2Year 1Equipment$18,000$16,000$14,000Accounts payable2,3008001,000Cash8,9009,3008,200Supplies1,2001,4001,700Accounts receivable600400200Notes appeared first on Superb Professors.
For any questions, feedback, or comments, we have an ethical customer support team that is always waiting on the line for your inquiries.