Cottle Company Has Total Assets of $180,000 and Total Liabilities

question 113

Multiple Choice

Cottle Company has total assets of $180,000 and total liabilities of $54,000.The company's debt-to-equity ratio is closest to

• A).32.
• B)2.3.
• C).30.
• D).43.

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Definitions:

High-Fat Diet

A diet that consists of a high proportion of fats, often exceeding the generally recommended intake levels for health.

Cardiovascular Disease

A class of diseases that involve the heart or blood vessels, including coronary artery disease, hypertension, heart failure, and stroke.

Middle Age

A period in life typically between the ages of about 45 and 65, considered a transition phase between youth and old age.

Salt-Cured Foods

Foods preserved by adding salt, which inhibits the growth of microbes, extending shelf life but often raising concerns about health impacts due to high sodium intake.