The Following Information Has Been Condensed from the December 31

question 91

Essay

The following information has been condensed from the December 31 balance sheets of Gabriel Co.:
a Determine the ratio of fixed assets to long-term liabilities for each year.
b Determine the ratio of liabilities to stockholders' equity for each year.
c Comment on the year-to-year changes for both ratios.Round your answers to two decimal places.

Recognize different financial products and services, such as lines of credit and investment accounts.

Realize the importance and utility of the internet in monitoring investment prices.

Identify the necessity of ongoing evaluation and record-keeping in investment management.

Grasp the role of employer-sponsored retirement programs in personal finance.