Trina Corp Has Total Assets of $131,000

question 8

Multiple Choice

Trina Corp has total assets of $131,000. If total liabilities are $54,300, find the debt-to-equity ratio. (Round to the nearest hundredth)

• A) .41:1
• B) 1.71:1
• C) .71:1
• D) 1.41:1

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Definitions:

Order-Takers

Individuals or employees within a company responsible for taking orders from customers but not actively involved in sales solicitation.

Advantages

In the FAB sales approach, general statements about what the features do; they may or may not be connected to an expressed or actual customer need.

Expressed Need

A requirement or desire that has been clearly stated or communicated by individuals or groups.

Actual Need

The genuine requirement or necessity for a product or service based on a customer's specific situation or problem.