The Following Financial Statement Data Are Taken from Xeron Company's

question 55

Multiple Choice

The following financial statement data are taken from Xeron Company's 2012 annual report:
$\begin{array}{lccc}&\text { (in millions) }\\ \text {Current assets } & \$12.8\\ \text {Investments } &9.4\\ \text { Intangibles } &6.8\\ \text {Property, plant, and equipment } &58.1\\ \text { Current liabilities } &6.4\\ \text { Long-term debt} &39.7\\ \text {Stockholders' equity } &40.8\end{array}$

Compute the debt ratio.

• A)196.9%
• B)113.0%
• C)53.0%
• D)45.7%
• E)none of the answers are correct

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Definitions:

Synthesizes

The process of combining various elements, ideas, or information to form a coherent whole, often leading to new understanding or creation.

Predictive Factor

A characteristic or variable that can be used to forecast or estimate an outcome.

Aggression

A range of behaviors that can result in both physical and psychological harm to oneself, others, or objects in the environment.

Violent Behavior

Acts characterized by physical force with the intent to harm, damage, or violate another being or object.