Jeminson's Hardware Has Accounts Payable of $682, Inventory of $3,608

question 29

Multiple Choice

Jeminson's Hardware has accounts payable of $682, inventory of $3,608, cash of $340, fixed assets of $4,211, accounts receivable of $418, and long-term debt of $3,750. What is the value of the net working capital to total assets ratio?

• A) .29
• B) .37
• C) .43
• D) .47
• E) .56

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Definitions:

Risky Asset

An asset that has a significant degree of price volatility or the potential for financial loss.

Standard Deviation

A statistical measure of the dispersion or variability of a set of data points around their mean, commonly used in finance to assess the risk or volatility of an investment.

Risky Asset

An asset that has a significant degree of risk associated with it, offering the potential for higher returns in exchange for the increased risk.