A Firm Has Total Assets of $3,000,000 and Stockholders Equity

question 50

Multiple Choice

A firm has total assets of $3,000,000 and stockholders equity is $1,000,000. What is the debt-to-total asset ratio?

• A) 45%
• B) 75%
• C) 55%
• D) 67%

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Definitions:

Behavioral Ideals

Standards or models of conduct that are considered desirable or appropriate within a particular context or society.

Moral Principles

Fundamental beliefs or rules about what is right and wrong that guide behavior and decision-making.

Ethical Virtues

Moral qualities or traits that are deemed to be good or desirable in a person, such as honesty, compassion, and courage, guiding ethical behavior.

Character Traits

Qualities or characteristics that are inherent in one's personality, which can include both positive and negative attributes.