Stone Walls Has a Long-Term Debt Ratio of

question 14

Multiple Choice

Stone Walls has a long-term debt ratio of .6 and a current ratio of 1.2. Current liabilities are $800, sales are $7,800, the profit margin is 6.5 percent, and return on equity is 15.5 percent. What is the amount of the firm's net fixed assets?

• A) $8,880.15
• B) $8,017.43
• C) $7,666.67
• D) $5,848.15
• E) $8,977.43

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Definitions:

Public Relations

The process of controlling and distributing information from a person or an organization to the public in order to shape their opinion.

Sales Promotions

Short-term incentives offered by businesses to encourage the purchase or sale of a product or service, such as discounts, coupons, or special offers.

Cause-Related Marketing

A marketing strategy where a company partners with a non-profit organization or supports a social cause, linking its products or services to social or environmental issues.

Social Activist Marketing

A marketing strategy that aligns a brand with social causes to generate goodwill and societal impact.