Shipley Corporation Has Provided the Following Data from Its Most

question 17

Multiple Choice

Shipley Corporation has provided the following data from its most recent balance sheet:
$$\begin{array} { l l l } \text { Tatal assets......... } & \$ 760,000 \\\text { Tatal liabilities } \ldots \ldots \ldots & \$ 590,00\\\text { Tatal stackhalders' equity...... } & \$ 170,000\end{array}$$ The debt-to-equity ratio is closest to:

• A) 0.29
• B) 3.47
• C) 0.22
• D) 0.78

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Definitions:

Technology

The application of scientific knowledge for practical purposes, especially in industry and the development of devices, systems, or methods.

Organizational Environment

Encompasses all external and internal factors that affect an organization's functioning, including economic, technological, social, and regulatory influences.

Divisionalized Structure

An organizational structure made up of semi-autonomous units or divisions, each with its own operations, resources, and objectives.

Diverse Environments

Settings or contexts characterized by a rich variety of backgrounds, cultures, and perspectives among individuals or elements.