Kerwin Holdings Has Total Assets of $450,000 and Shareholders' Equity

question 31

Multiple Choice

Kerwin Holdings has total assets of $450,000 and shareholders' equity of $120,000, of which $45,000 of the equity is common stock.How much is the company's debt-to-equity ratio?

• A)3.75
• B)2.75
• C)6.00
• D)4.40

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Definitions:

Intermediaries

Entities or individuals that act as middlemen in the distribution channel, facilitating transactions between producers and consumers.

Multichannel Marketing

The practice of using multiple platforms, such as online, in-store, or catalog, to market products or services to consumers.

Traditional Delivery

This term refers to conventional methods of delivering goods or services, such as mail or in-person services, as opposed to digital or automated solutions.

Electronic Marketing

Utilizing digital platforms and technologies to promote products, services, or brands to potential customers.