Business, 05.05.2020 04:57 thegent1859

On December 31, 2018, a company had assets of $30 billion and stockholders' equity of $23 billion. That same company had assets of $54 billion and stockholders' equity of $16 billion as of December 31, 2019. During 2019, the company reported total sales revenue of $23 billion and total expenses of $21 billion. What is the company's debt-to-assets ratio on December 31, 2019?

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On December 31, 2018, a company had assets of $30 billion and stockholders' equity of $23 billion. T...

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