WRJ Has a Debt Ratio of

question 34

Multiple Choice

WRJ has a debt ratio of .4,current liabilities of $18,000,and total assets of $120,000.What is the level of WRJ's total liabilities?

• A) $22,000
• B) $48,000
• C) $58,000
• D) $63,934

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Definitions:

Sales Volume

The quantity of goods or services sold by a company within a specific period.

Price

The quote of currency expected, called-for, or donated as payoff for something.

Traffic Crossing

A designated place where vehicles and pedestrians are regulated in their movement to safely cross paths.

Efficient Use

The optimization of resources or practices to achieve a goal with minimal waste and maximal effectiveness.