Ask your own question, for FREE!
Finance 11 Online
Sampry64:

The total debt to total assets of cypress corporation was 0.71. The total of cypress’s assets was $270,000. Whats the amount of total debt

sophia333:

Do what steps would you use to figure this problem out?

sophia333:

@sampry64

Vocaloid:

total debt: total assets = 0.71 which means for every $1 in assets, he has $0.71 in debt therefore you can simply multiply assets * 0.71 to get debt

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Latest Questions
Arriyanalol: i need help
2 days ago 7 Replies 1 Medal
Arriyanalol: CONGRATS to me
2 days ago 8 Replies 2 Medals
Legomaster346: What colleges are good that are near Arab Alabama?
1 week ago 5 Replies 0 Medals
Arriyanalol: i need help
1 week ago 6 Replies 2 Medals
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!