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:

Patent Ductus Arteriosus

A congenital heart defect where a fetal blood vessel doesn't close properly after birth, affecting normal blood flow.

Respiratory Distress Syndrome

A serious condition that affects premature babies, causing breathing difficulties due to underdeveloped lungs.

Premature Infant

An infant born before completing 37 weeks of gestation, often facing potential health challenges due to underdeveloped organs.

Low Birth Weight

A term for infants born weighing less than 2,500 grams (5 pounds, 8 ounces), often due to preterm birth or growth restriction in the womb.