Assume the Following Data: Long-Term Debt = 100; Value of Leases

question 44

Multiple Choice

Assume the following data: Long-term debt = 100; Value of leases = 20; Book value of equity = 80. Calculate the debt-equity ratio.

• A)0.50
• B)0.60
• C)1.00
• D)1.50

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Definitions:

Own Decisions

The act of making choices independently, reflecting personal judgment or preference.

Authoritarian

A governing or parenting style characterized by strict discipline and an expectation of obedience without question.

"Because I Say So"

A style of authoritarian parenting where demands are made without explanation or justification to the child.

Uninvolved

A parenting style characterized by a lack of responsiveness to a child's needs, emotional detachment, and minimal communication.