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a firm has liabilities of $60,000 and stockholders' equity of $180,000. The percentage of total liabilites to total assets is: A. 25 percent. B. 20 percent C. 50 percent. D. 75 percent
A firm has liabilities of $60,000 and stockholders' equity of $180,000. The percentage of total liabilities to total assets is 25%. Assets = 60,000 + 180,000 = 240,000 Total liabilities/total assets *100 = 60,000/240,000 * 100 = 25
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Asked 1/19/2016 4:07:30 PM
Updated 1/19/2016 5:45:45 PM
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A firm has liabilities of $60,000 and stockholders' equity of $180,000. The percentage of total liabilities to total assets is 25%.
Assets = 60,000 + 180,000 = 240,000

Total liabilities/total assets *100 = 60,000/240,000 * 100 = 25
Added 1/19/2016 5:45:45 PM
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a measure of the speed with wich sales on account are collected is a rato known as?
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Updated 315 days ago|1/9/2018 12:50:46 AM
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A measure of the speed with which sales on account are collected is a ratio known as accounts receivable turnover.
Added 315 days ago|1/9/2018 12:50:46 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [1/9/2018 4:27:40 AM]
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