The Debt Ratio of Jackson's Shoes Is

question 8

Multiple Choice

The debt ratio of Jackson's Shoes is .9 and the debt ratio of Billy's Catering is 1.0.Based on this information,an investor can conclude:

• A)Billy's Catering finances a relatively lower portion of its assets with liabilities than Jackson's Shoes.
• B)Billy's Catering has a lower risk from its financial leverage.
• C)Jackson's Shoes has a higher risk from its financial leverage.
• D)Billy's Catering has the exact same dollar amount of total liabilities and total assets.
• E)Jackson's Shoes has less equity per dollar of assets than Billy's Catering.

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Definitions:

Classical Sociological Thinkers

Refers to early theorists in sociology, including Karl Marx, Max Weber, and Émile Durkheim, whose works laid the foundational concepts and perspectives in the field of sociology.

Marx

Refers to Karl Marx, a 19th-century philosopher, economist, and revolutionary, best known for his theories about capitalism and communism.

Durkheim

A founding figure in sociology, known for his theory of social facts and his studies on the social basis of human behavior, religion, and the division of labor in society.

Weber

Max Weber, a German sociologist, philosopher, and political economist known for his theories on bureaucracy, social stratification, and the sociology of religion.