CompUS Has Pledged $275,000 Worth of Its Assets

question 118

Multiple Choice

CompUS has pledged $275,000 worth of its assets. The total book value of its assets is$625,000. The firm's total liabilities are $750,000. The secured liabilities are $150,000. The pledged assets to secured liabilities is:

• A) 2.3.
• B) 2.7.
• C) 5.0.
• D) 1.8.
• E) 1.2.

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Definitions:

Economic Relationships

The interactions between different variables within the economy, such as supply and demand, and price and quantity.

Average Variable Cost

The per-unit variable cost, determined by dividing the total variable costs by the number of units produced.

Marginal Revenue

The increase in profit from selling an extra unit of a good or service.

Average Nightly Room Rate

A measure used in the hospitality industry to calculate the average price paid per room per night.