Business, 01.12.2021 04:00 whitethunder05
2 On December 31, 20x1, Thomson Company had the following account balances:$15,000Accounts receivableSales revenuesGain on sale of equipmentRetained earnings (beginning of year, January 1, 20x1)Accounts payableLoan payableCost of goods soldCashInventoryCommon stockOperating revenueProperty, plant, and equipmentPrepaid rentBonds payable845,00014,000120,00025,00045 ,000650,00065,00011,00041,000210,00 034,00055,000145,00050,00035,000Giv en these data, what is Thomson's DEBT-TO-EQUITY RATIO as of December 31, 20X1?
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2 On December 31, 20x1, Thomson Company had the following account balances:$15,000Accounts receivabl...
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