Faultless, Inc. Selected Data from Faultless' Financial Statements Are Provided Below

question 33

Multiple Choice

Faultless, Inc.
Selected data from Faultless' financial statements are provided below:

- Refer to the financial information presented for Faultless, Inc. What is the debt to assets ratio for Faultless in the year 2011 and 2012?

• A) 0.692 in 2011 and 0.429 in 2012.
• B) 0.429 in 2011 and 0.692 in 2012.
• C) 2.250 in 2011 and 0.750 in 2012.
• D) 0.750 in 2011 and 2.250 in 2012.

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Definitions:

Factor Analysis

A statistical technique that uncovers the fundamental factors or elements which account for the correlations observed among a collection of variables.

Subjective Bias

The tendency for personal judgments to be influenced by personal beliefs, opinions, and emotions rather than objective facts.

Objective

Not influenced by personal feelings or opinions in considering and representing facts.

L-data

Life record data, which includes real-world facts and outcomes from an individual's life used in psychological research.