It's OK Co generated net income of $233,412 this year. At year end, the company...
80.2K
Verified Solution
Question
Finance
It's OK Co generated net income of $233,412 this year. At year end, the company had accounts receivables of $47.199. inventory of $63,781, and cash of $21,461. It also had accounts payables of $51,369, short-term notes payables of $11.417. and accrued taxes of $6,145 with total liabilities of $199,500 and total equity of $95,000. The debt to equity ratio of the form (Round your answer to two decimal places.)

Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.