Devil IncHas Total Liabilities Equal to $3,500 and Total Assets Equal

question 88

Multiple Choice

Devil Inc.has total liabilities equal to $3,500 and total assets equal to $5,000.What is Devil's asset-to-equity ratio?

• A) 1.43
• B) 2.33
• C) 3.33
• D) none of the above

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Definitions:

Situational Factors

External conditions or environments that influence an individual's behavior, decision-making, and performance.

Decision-Making Situations

Various contexts in which individuals or groups must choose among multiple alternatives to make a decision.

Traditional

Referring to ideas, customs, or practices that have been passed down within a culture or society for generations, often contrasted with modern or innovative approaches.

Directs

Commands or instructions given with authority to guide or control actions.