Use the information below to answer this question. ABC Corporation Selected Financial...
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Use the information below to answer this question. ABC Corporation Selected Financial Statement Information for the Year Ended December In millions except per share data INCOME STATEMENT PERIOD X Sales $ Cost of Goods Sold Gross Profit General & admin. expenses Depreciation expense Interest expense Income before tax Tax expense Net income Earnings per share $ BALANCE SHEET xBeginningxEndings Assets Cash Marketable Securities Receivables Inventories Other Total Current Assets Property, Plant & Equipment Other Assets Total Assets $ $ Liabilities and Shareholder's Equity Accounts Payable LongTerm Debt Other Liabilities Total Liabilities Preferred Stock Common Stock Retained Earnings Total Liabilities & Shareholder's Equity $ $ The debt to equity ratio is closest to:
Use the information below to answer this question.
ABC Corporation
Selected Financial Statement Information for the Year Ended December
In millions except per share data
INCOME STATEMENT PERIOD X
Sales $
Cost of Goods Sold
Gross Profit
General & admin. expenses
Depreciation expense
Interest expense
Income before tax
Tax expense
Net income
Earnings per share $
BALANCE SHEET
xBeginningxEndings
Assets
Cash
Marketable Securities
Receivables
Inventories
Other
Total Current Assets
Property, Plant & Equipment
Other Assets
Total Assets $ $
Liabilities and Shareholder's Equity
Accounts Payable
LongTerm Debt
Other Liabilities
Total Liabilities
Preferred Stock
Common Stock
Retained Earnings
Total Liabilities & Shareholder's Equity $ $
The debt to equity ratio is closest to:
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