In 2014, the W D Co

question 100

Multiple Choice

In 2014, The W D Co. had total liabilities of $22,704 million and total assets of $43,679 million. In 2013, they had total liabilities of $21,990 million and total assets of $41,378 million. Calculate their debt to equity ratio for 2014 and 2013, respectively.

• A) .92 and .88
• B) 1.08 and 1.13
• C) .52 and .53
• D) .48 and .47

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Definitions:

Straight Rebuys

Routine purchases of the same products without seeking new information or considering other suppliers.

Caretaker Rep.

The representation or responsibilities of an individual or entity acting in a caretaking role, particularly in maintaining or overseeing property or individuals.

Straight Commission

A compensation method where an employee's income is derived entirely from a percentage of the sales they make, without a base salary.

Closing Sale

Refers to the final steps in a sales process, leading to a formal agreement or transaction.