Selected Financial Information Presented Below Was Obtained from the Financial

question 113

Multiple Choice

Selected financial information presented below was obtained from the financial statements of the Napa Valley Brewery:

What is the debt-to-assets ratio?

• A) 0.350
• B) 0.800
• C) 0.200
• D) 1.000

---

Definitions:

Automobiles

Vehicles powered by an internal combustion engine or electric motor, used for the transportation of people or goods.

Tractors

Agricultural machines used for plowing, tilling, and planting fields, as well as for hauling equipment.

Trade Deficit

An instance where the value of goods and services a country imports is greater than what it exports, causing a trade imbalance negatively.

Economic Colony

A region or country under the economic control or influence of another, often exploited for its resources.