Examlex

Solved

Peartree Company Provides the Following Data What Is Peartree's Debt Ratio at Year-End 2017?
A)0

question 28

Multiple Choice

Peartree Company provides the following data:  BALANCE SHEET 31 Dec 201731 Dec 2016 Cash $21000$18000 Accounts receivable, net 3100035000 Inventory 5300025000 PP&E, net 12000090000 Total assets $225000$168000 Accounts payable $4000$6000 Accrued liabilities 20001000 Long-term loans payable 8400090000 Total liabilities $90000$97000 Share capital $30000$2000 Retained earnings 10500069000 Total shareholders’ equity $135000$71000 Total liabilities and  Shareholders’equity $225000$168000\begin{array}{|l|r|r|}\hline \text { BALANCE SHEET } & 31 \text { Dec } 2017 & 31 \text { Dec } 2016 \\\hline \text { Cash } & \$ 21000 & \$ 18000 \\\hline \text { Accounts receivable, net } & 31000 & 35000 \\\hline \text { Inventory } & 53000 & 25000 \\\hline \text { PP\&E, net } & 120000 & 90000 \\\hline \text { Total assets } & \$ 225000 & \$ 168000 \\\hline\\\hline \text { Accounts payable } & \$ 4000 & \$ 6000 \\\hline \text { Accrued liabilities } & 2000 & 1000 \\\hline \text { Long-term loans payable } & 84000 & 90000 \\\hline \text { Total liabilities } & \$ 90000 & \$ 97000 \\\hline\\\hline \text { Share capital } & \$ 30000 & \$ 2000 \\\hline \text { Retained earnings } & 105000 & 69000 \\\hline \text { Total shareholders' equity } & \$ 135000 & \$ 71000 \\\hline \text { Total liabilities and } & & \\\text { Shareholders'equity } & \$ 225000 & \$ 168000\\\hline\end{array} What is Peartree's debt ratio at year-end 2017?

Grasp the fundamentals of shifting techniques and their importance in vehicle operation.
Identify the mechanisms that hold transmission components in place during gear changes.
Comprehend the direction of rotation in transmission systems and its implications.
Understand speed metrics within gearsets, including their effects on output and input speeds.

Definitions:

Product Variety

The range of different items or models that a company offers to meet diverse customer needs and preferences.

Omni-Channel Retail

A multi-channel approach to sales that aims to provide the customer with a seamless shopping experience, whether they are shopping online, by phone, or in a physical store.

Shopping Experience

Refers to the overall perception and satisfaction of customers when purchasing products or services, influenced by factors like customer service, store layout, and product availability.

Retail Storage

The space used to store merchandise in retail operations before it is sold to customers.

Related Questions