Selected Data from 2014 Financial Statements of Xi Corporation Include

question 192

Multiple Choice

Selected data from 2014 financial statements of Xi Corporation include the following (amount in millions) : Current assets ¥ 759
$$\begin{array} { l r } \text { Current assets } & ¥ 759 \\\text { Total assets } & 1,200 \\\text { Current liabilities } & 400 \\\text { Total liabilities } & 750 \\\text { Cash } & 80 \\\text { Interest expense } & 50 \\\text { income taxes } & 100 \\\text { Net income } & 160\end{array}$$
The debt to assets ratio is

• A) 62.5%.
• B) 52.7%.
• C) 1.60%.
• D) 6.2 times.

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Definitions:

Suprachiasmatic Nucleus

A small region of the brain in the hypothalamus responsible for controlling circadian rhythms.

Hypothalamus

A region of the brain responsible for the regulation of certain metabolic processes and activities like temperature control, hunger, thirst, and sleep cycles.

Circadian Rhythm

The internal process that regulates the sleep-wake cycle and repeats roughly every 24 hours.

REM Sleep

A phase of sleep characterized by rapid eye movements, more dreaming, and body paralysis, which is thought to be involved in processing emotions and memories.