A Company Reports Total Assets of $525,000 and Stockholders' Equity

question 43

Multiple Choice

A company reports total assets of $525,000 and stockholders' equity of $395,000. Which of the following is the debt ratio?

• A) 0.29
• B) 0.71
• C) 0.55
• D) 0.25

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Definitions:

EOG

Electrooculography, a technique for measuring the corneo-retinal standing potential that exists between the front and the back of the human eye.

Snellen Eye Chart

A chart used to measure visual acuity, consisting of rows of letters decreasing in size, which is read from a standard distance.

Ophthalmoscope

A medical device used by doctors to examine the inside of the eye, including the retina and the optic nerve.

Astigmatism Test Chart

A visual tool used in eye examinations to detect astigmatism by measuring how light is perceived by the eye from different angles.