Gi Gi's Bakery Has Total Assets of $425 Million

question 161

Multiple Choice

Gi Gi's Bakery has total assets of $425 million.Its total liabilities are $110 million.Its equity is $315 million.Calculate the debt ratio.

• A)38.6%.
• B)13.4%.
• C)34.9%.
• D)25.9%.
• E)14.9%.

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Definitions:

Time Series

A sequence of data points measured at successive points in time, typically at uniform intervals, used for forecasting trends.

Smoothing Constant

A parameter used in exponential smoothing models that determines the weight given to the most recent observation in forecasting.

Exponentially Smoothed

A technique used in time series analysis that applies decreasing weights to older observations, with more recent data having more influence on the forecast.

Exponentially Smoothed

A data smoothing technique that gives recent observations more weight than older observations, often used in time series analysis.