On Their Most Recent Balance Sheet, a Company Reports Total

question 42

Multiple Choice

On their most recent balance sheet, a company reports total assets of $8 million, common shares of $4 million, and retained earnings of $2 million.The debt-to-equity ratio is:

• A)0.33
• B)1.00
• C)2.00
• D)3.00

---

Definitions:

Self-interest

Acting in a way that is beneficial to oneself, often without regard for others.

Attribution Theory

A psychological theory focused on how people explain their own and others' behaviors, attributing causes to either internal dispositions or external situations.

Satisfied Individuals

Persons who experience fulfillment or contentment in aspects of their life or work.

Flaws

Imperfections, faults, or weaknesses that detract from perfection and can affect performance or function.