Using the Following Balance Sheet and Income Statement Data for Castillo

question 85

Multiple Choice

Using the following balance sheet and income statement data for Castillo Company what percentage of the company is financed with equity? $$\begin{array} { l r l r } \text { Current assets } & \$ 41,000 & \text { Net income } & \$ 48,000 \\\text { Current liabilities } & 22,000 & \text { Stockholders' equity } & 75,000 \\\text { Average assets } & 210,000 & \text { Total liabilities } & 125,000 \\\text { Total assets } & 200,000 & &\end{array}$$

• A)24.3 percent
• B)35.7 percent
• C)37.5 percent
• D)62.5 percent

Distinguish between biological terms such as genotype, phenotype, and genes.

Realize the role of imitation, explicit instruction, and social enhancement in the transmission of culture.

Understand the interaction between biology and culture in shaping human development.

Identify the role of natural selection in the evolution of species.

---

Definitions:

Quakerism

A religious movement formally known as the Religious Society of Friends, which emphasizes direct personal experience of God within one's soul.

Equality

A situation where status, rights, and opportunities are the same for everyone.

Plantation Slavery

A system of agriculture in the Americas where large farms or plantations relied on the forced labor of enslaved African people to grow crops like tobacco, sugar, and cotton from the 16th to the 19th century.

Death Rate

The number of deaths in a particular population, scaled to the size of that population, per unit of time.