A Company Has Total Assets of $1,000, Current Liabilities of $130

question 41

Multiple Choice

A company has total assets of $1,000, current liabilities of $130, and total liabilities of $350.What is the long-term debt to asset ratio?

• A)19
• B)22
• C)36
• D)31

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Definitions:

Error of Central Tendency

A bias in evaluation or assessment where all individuals are rated near the average or middle of the scale, ignoring variation in performance.

Performance-rating Error

Mistakes or biases that occur when evaluating an employee's performance, potentially leading to inaccurate assessments.

Trait Evaluation Approaches

Methods used in psychology and human resource management to assess individuals' characteristics and predict their behavior or performance.

Inherent Subjectivity

The natural presence of personal opinions and biases in judgement and decision-making processes.