According to the scrum process, once the tasks are known for a given set of requirements, the next step is to assign each task a
1 answer:
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Answer:
Dec. 31, 2019 Ratio to Liabilities to Owner's Equity = 0.95
Dec. 31, 2018 Ratio to Liabilities to Owner's Equity = 0.80
Explanation:
given data
Dec. 31, 2019
total liabilities = $4,085,000
Total owner's equity = 4,300,000
Dec. 31, 2018
total liabilities = $2,880,000
Total owner's equity = 3,600,000
to find out
Compute the ratio of liabilities to owner's equity
solution
we know that here Ratio to Liabilities to Owner's Equity is Total Liabilities divide Total Owner's Equity ....................1
so
now put here value for both 2018 and 2019 from equation 1
so for Dec. 31, 2019
Ratio to Liabilities to Owner's Equity =
Ratio to Liabilities to Owner's Equity = 0.95
and for Dec. 31, 2018
Ratio to Liabilities to Owner's Equity =
Ratio to Liabilities to Owner's Equity = 0.80
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
