Calculate the Value of Long-Term Debt Given the Following Information

question 42

Multiple Choice

Calculate the value of long-term debt given the following information: total debt = $320,000; debt/equity ratio = 0.80; long-term debt ratio = 0.3750.

• A) $230,000
• B) $235,000
• C) $240,000
• D) $245,000
• E) $250,000

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Definitions:

Moral Agency

The capacity of individuals to make moral judgments based on the notion of right and wrong, and to be held accountable for these actions.

Sex Inequalities

This term involves the disparities and unequal treatment or perceptions that individuals face based on their sex, affecting various dimensions of life including work, health, and education.

Socialist Feminism

A branch of feminism that focuses on both the public and private spheres of a woman's life, asserting that liberation can only be achieved by working to end both the economic and cultural sources of women's oppression.

Global Capitalist System

An economic system characterized by private or corporate ownership of capital goods, by investments determined by private decision, and by prices, production, and the distribution of goods determined primarily by competition in a global market.