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Dorada Industries' Books Revealed

question 73

Multiple Choice

Use the following information for questions:
Dorada Industries' books revealed the following data for 2011:  Total assets $575,000 Shareholders’ equity $222,900 Current liabilities 52,100 Long-term liabilities 300,000 Operating Cash flow 125,500\begin{array} { l c c r } \text { Total assets } & \$ 575,000 & \text { Shareholders' equity } & \$ 222,900 \\\text { Current liabilities } & 52,100 & \text { Long-term liabilities } & 300,000 \\\text { Operating Cash flow } & 125,500 &\end{array}
-The debt\equity ratio for 2011 is closest to:

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Definitions:

Proved Reserves

Quantities of natural resources like oil or gas that geological and engineering information indicates with reasonable certainty can be recovered in the future from known reservoirs under existing economic and operational conditions.

Fluctuated

Describes variations or changes in level, strength, or value over a period of time.

Proved Reserves

Quantities of natural resources, like oil or gas, that geological and engineering information indicates with reasonable certainty can be recovered under existing economic and operating conditions.

Natural Gas

A fossil fuel composed mainly of methane, used as an energy source for heating, cooking, and electricity generation.

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