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Problem
Ramirez Company is considering a project that will require a $500,000 loan. It presently has total liabilities of $220,000, and total assets of $620,000.
(a) Compute Ramirez's present debt-to-equity ratio. (Round your answer to 2 decimal places.)
(b) Compute Ramirez's debt-to-equity ratio assuming it borrows $500,000 to fund the project. (Round your answer to 2 decimal places.)
How does budgeting for a governmental entity differ from a for profit entity? Why? What types of budgeting techniques are used for governmental entities
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When a company amends a pension plan, for accounting purposes, prior service costs should be:
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