Consider the financial statements given below. The firm's closing stock price was $13.47 on January...
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Accounting
Consider the financial statements given below. The firm's closing stock price was $13.47 on January 28, 2018. The numbers of outstanding shares were 1,944 million in 2018 and 1944 million in 2017, respectively. The income tax rates were 21.3% in 2018 and 29.2% in 2017, From the financial data presented, compute the following financial ratios for 2018. Assume a 365 days per year. E Click the icon to view firm's balance sheet. E Click the icon to view firm's income statement. (a) The debt ratio is%. (Round to two decimal places)
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