Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. jennings co. has total assets of $427.0 million. i

Jennings Co. has total assets of $427.0 million. Its total liabilities are $111.5 million. Its...

90.2K

Verified Solution

Question

Accounting

Jennings Co. has total assets of $427.0 million. Its total liabilities are $111.5 million. Its equity is $316 million. Calculate the debt ratio. (Round your answer to 1 decimal place.)

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Solve the IVP: y’’’ – y ’= 2sinx where: y(0)=0, y’(0)=0, y”(0)=1 Use an annihilator method, please.

Psychology
1.2K views

Which of the theorists’ views from the list below is most similar to Freud’s theories? Which...

Physics
1.2K views

A uniform conducting wire ABC has a mass of 10 g A current of 2A...

Geometry
1.2K views

Use the graph y g x to graph the given function 7 5 6 A...

Basic Math
1.2K views

Given the equation y=4 sin (4?/3 x +8?) +7The amplitude is:The period is:The horizontal shift...

Basic Math
1.2K views

Colise has 2 vases of flowers that each hold 10 red and 5 yellow roses....

Algebra
1.2K views

The graph of y f x is shown in black and the graph of its...

Accounting
1.2K views

Using the information provided below, prepare consolidated financial statements for P group...

Accounting
1.2K views

Please indicate correct answer only no explanation 18. The Turtle Cave currently...

Accounting
1.2K views

Determining the Amount of Retirement Gain or Loss (Straight-Line Method) Online Enterprises owns 95 percent...

Accounting
1.2K views

2 Distinguish between management accounting and financial accounting. Hint: - Meaning of Managerial...

Accounting
1.2K views

A company determined that the budgeted cost of producing a product is $30 per unit....