A Firm Has a Total Debt Ratio of

question 21

Multiple Choice

A firm has a total debt ratio of .47.This means the firm has 47 cents in debt for every:

• A)$1 in total equity.
• B)$.53 in total assets.
• C)$1 in current assets.
• D)$.53 in total equity.
• E)$1 in fixed assets.

Understand the experimental methods used to study cognitive and language development in children.

Distinguish between implicit and explicit knowledge in language learning.

Recognize the early signs and stages of language development.

Understand Chomsky's theory of language acquisition and the concept of the Language Acquisition Device (LAD).

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Definitions:

Tax Revenue

The revenue acquired by governments via tax collection.

FICA

The Federal Insurance Contributions Act tax, a United States federal payroll (or employment) tax imposed on both employees and employers to fund Social Security and Medicare—federal programs that provide benefits for retirees, people with disabilities, and children of deceased workers.

Federal Insurance Contributions Act

A U.S. law that requires employees to contribute to Social Security and Medicare, with matching contributions from employers.

Burden Of The Tax

The impact of a tax on the economic welfare of individuals, showing who ultimately bears the cost of the tax.