May Cooperative Has Total Assets of $456,000, Current Assets $133,000

question 44

Multiple Choice

May Cooperative has total assets of $456,000, current assets $133,000, total liabilities $263,000, and current liabilities 87,000. What is the debt to total assets ratio?

• A) 24.33%
• B) 19.08%
• C) 197%
• D) 57.68%

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Definitions:

Retrograde Amnesia

A loss of memory-access to events that occurred, or information that was learned, before an injury or the onset of a disease.

Korsakoff's Syndrome

A chronic memory disorder caused by severe deficiency of thiamine (vitamin B1), often associated with alcoholism, characterized by short-term memory loss and confabulation.

Declarative Memory

A type of long-term memory that involves the ability to recall factual information, such as events, words, and concepts.

Short-Term Memory

The component of memory where small amounts of information can be stored for a short period of time, typically seconds to minutes.