Business, 04.12.2020 16:30 autumnguidry6867

Doug's Boat Shop, Inc. reports operating income of $260,000 and interest expense of $31,200. The average common stockholders' equity during the year was $50,000. The beginning assets balance is $115,000 and ending assets balance is $180,000. What is the leverage ratio

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Doug's Boat Shop, Inc. reports operating income of $260,000 and interest expense of $31,200. The ave...

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