On December 31,2015,a Company Had Assets of $16 Billion and Stockholders

question 183

Multiple Choice

On December 31,2015,a company had assets of $16 billion and stockholders' equity of $8 billion.That same company had assets of $20 billion and stockholders' equity of $9 billion as of December 31,2016.During 2016,the company reported total sales revenue of $9 billion and total expenses of $7 billion.What is the company's debt-to-assets ratio on December 31,2016?

• A) 0.55
• B) 0.45
• C) 0.035
• D) 0.01

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Definitions:

Fear of Failure

An apprehension or anxiety about not succeeding or meeting expectations, which can inhibit actions and decisions.

Emotional Intelligence

The ability to recognize, understand, and manage one's own emotions and the emotions of others.

Win-Win Relationships

Situations in which all parties involved gain benefits or satisfaction.

Emotional Competency

The ability to recognize, understand, manage, and use one's own emotions and those of others effectively.