TheBalanceSheetandNotestotheFinancialStatements幻灯片.pptVIP

(Cash + Sec. + Rec.) Current liabilities $483,700 $499,500 = 0.97 Quick Ratio Overall Leverage Comparing the amount of liabilities to the amount of assets held by a business indicates the extent to which borrowed funds have been used to leverage the owners’ investments and increase the size of the firm. Total liabilities Total assets $1,098,700 $1,952,600 = 0.56 Techtronics borrowed 50% of the money it needed to buy its assets. Debt Ratio Relationships Between Balance Sheet and Income Statement Amounts Efficiency A financial ratio that gives an