question 102
Multiple Choice
Peartree Company provides the following data:
BALANCE SHEET Cash Accounts receivable, net Inventory PP&E, net Total assets Accounts payable Accrued liabilities Long-term notes payable Total liabilities Common stock Retained earnings Treasury stock Total stockholders’ equity Total liabilities and stockholders’ equity Dec 31,2014$21,00031,00053,000120,000$225,000$4,0002,00084,000$90,000$30,000113,000(8,000) $135,000$225,000 Dec 31,2013$18,00035,00025,00090,000$168,000$6,0001,00090,000$97,000$2,00074,000(5,000) $71,000$168,000
-
What is Peartree's debt ratio at year-end 2014?
Definitions:
Proximity Switch
A sensor that detects the presence or absence of an object without physical contact, usually used in industrial applications to control machinery.
Capacitor Proximity Sensors
Sensors that use the capacitance change principle to detect the presence or absence of objects, often used in material handling and level control applications.
Conductive Materials
Materials that permit the flow of electric current, often used in electrical and electronic applications for wiring and components.