Sports and More Inc

question 81

Multiple Choice

Sports and More Inc. has total assets of $162,500. If total equity is $72,250, find the debt-to-assets ratio. (Round to the nearest hundredth)

• A) 1.38:1
• B) 1.29:1
• C) .56:1
• D) .44:1

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Definitions:

Teasers

Teasers are brief advertisements or announcements designed to intrigue or stimulate interest in a product, event, or piece of content without providing full details.

Orientations

The introduction or adjustment of individuals to new environments, positions, or concepts.

Summaries

Concise explanations or overviews of a document's main points or the content of a meeting or discussion.

On-the-job Training

A training method where employees receive instruction and practice while performing their actual job tasks.