total liabilities / total assets = debt ratioDATA TABLE As follows:
total liabilities / total assets = debt ratioDATA TABLE As follows: cash 5,000unearned revenue 7,010
equipment 16,000
service revenue 11,000
martinez, capital 2,000
advertising expense 1,900
utilities expense 1,100
rent expense 5,500
accounts payable 1,600
martinez, withdrawals 2,110
I can’t figure out what the assets and liabilities are… assets- cash and capital? liabilities not so sure- please help using this data table to make sure I get the right answer… i’ve missed it twice already and get one more chance! easy concept I just feel confused
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