holderashley100 holderashley100
  • 25-04-2024
  • Business
contestada

The ratio of liabilities to stockholders’ equity for a company is as follows…
______________________2019_____________2018______
Total liabilities $400,000 $504,000
Total Stockholders’ equity $ 700,000 $900,000
Ratio of liabilities to
stockholders’ equity .57 .56

In which year, was the company more solvent?
1. 2019
2. 2018

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