A Firm Has a Debt-Equity Ratio of 0

question 54

Multiple Choice

A firm has a debt-equity ratio of 0.36.What is the total debt ratio?

• A)0)26
• B)0)29
• C)0)67
• D)0)71
• E)0)74

---

Definitions:

AGIL

A theoretical framework by Talcott Parsons that describes four basic functions necessary for the survival of any social system: Adaptation, Goal attainment, Integration, and Latency.

Sacrifice Freedom

The act of giving up personal liberties and choices for the benefit of a larger group, cause, or principle.

Hobbes's Ideas

The political philosophies of Thomas Hobbes, which emphasize the necessity of a strong central authority to avoid the chaos and conflict inherent in the state of nature.

Benjamin Franklin

A Founding Father of the United States known for his contributions as a statesman, author, publisher, scientist, inventor, and diplomat.