Using the Following Balance Sheet and Income Statement Data What

question 33

Multiple Choice

Using the following balance sheet and income statement data what is the debt to assets ratio? $$\begin{array}{l}\begin{array} { l r l c } \text { Current assets } & \$ 21,000 & \text { Net income } & \$ 45,000 \\\text { Current liabilities } & 12,000 & \text { Stockholders' equity } & 63,000 \\\text { Average assets } & 132,000 & \text { Total liabilities } & 27,000\end{array}\\\text { Total assets } \quad 90,000\end{array}$$

• A)20.5 percent
• B)30 percent
• C)33.3 percent
• D)40.9 percent

Understand the significance of motivations in goal-oriented behavior.

Understand the difference between intrinsic and extrinsic motivation.

Recognize the conceptual basis of drive-reduction theory.

Distinguish between biological drives and learned motives.

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Definitions:

Plaintiff Entered

The initial stage in a legal action where the plaintiff officially submits a complaint against the defendant to the court.

Grammatical Correctness

The adherence to rules and conventions governing the appropriate use of a language in written and spoken forms.

Passive-Voice Sentence

A sentence construction where the subject of the sentence is acted upon, emphasizing the action and the object of the action rather than the subject performing the action.

Active-Voice Sentence

A sentence structure where the subject performs the action denoted by the verb, emphasizing the doer of the action.