A Company Has Total Liabilities of $550 Million and Total

question 69

Multiple Choice

A company has total liabilities of $550 million and total equity of $300 million.Calculate this company's debt ratio.

• A)64.7%
• B)100%
• C)54.5%
• D)1.83 to 1
• E)The debt ratio cannot be determined without additional information.

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Definitions:

Thalamus

The thalamus is a vital brain structure acting as a relay station for sensory information, channeling incoming data to appropriate areas of the brain for processing.

Sensory Information

Data received by the senses (sight, hearing, touch, taste, and smell), which is then interpreted by the brain to form an understanding of the world.

Neurons

Within the nervous system, there are specialized cells responsible for carrying information to other neurons, muscles, or glandular cells.

Transmission

The act of passing something from one place, person, or thing to another, often referring to diseases, information, or mechanical power.