The Altman Company Has a Debt-To-Assets Ratio of 33

question 59

Multiple Choice

The Altman Company has a debt-to-assets ratio of 33.33 percent,and it needs to raise $100,000 to expand.Management feels that an optimal debt-to-assets ratio would be 16.67 percent.Sales are currently $750,000,and the total assets turnover is 7.5.How should the expansion be financed so as to produce the desired debt-to-assets ratio?

• A) Finance it all with equity.
• B) Finance it all with debt.
• C) Finance 20% debt,80% equity.
• D) Finance 40% debt,60% equity.
• E) Finance 50% debt,50% equity.

Understand the importance of genetic and temperament characteristics in developing a child's social competence.

Comprehend the significance of crying in an infant's development and the different types of cries.

Grasp the implications of the functionalist view of emotions.

Identify positive and negative emotions as mentioned in the text.

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Definitions:

Price-Fixing

An illegal agreement among competitors to fix, raise, or lower the price of a product or service, rather than allowing the market to determine prices naturally.

Interlocking Directorates

The practice of members of a corporate board of directors serving on the boards of multiple corporations, often leading to increased corporate cohesion and shared interests.

Celler-Kefauver Act

A U.S. law, enacted in 1950, designed to prevent anti-competitive mergers and acquisitions by closing loopholes in earlier antitrust legislation.

Competition

The economic rivalry among businesses trying to achieve higher sales, profits, and market share by offering the best possible terms to customers.