Krakov Company Has Total Assets of $170,000 and Total Liabilities

question 82

Multiple Choice

Krakov Company has total assets of $170,000 and total liabilities of $80,000.The company's debt-to-equity ratio is closest to which of the following?

• A) 0.32 to 1.
• B) 0.47 to 1.
• C) 0.53 to 1.
• D) 0.89 to 1.

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Definitions:

Chilly Climate

A term often used in educational and workplace contexts to describe an environment that is unwelcoming and marginalizes certain groups, making it harder for them to succeed.

Hidden Curriculum

The lessons, values, and perspectives that are not explicitly taught but are learned by students through their experiences and interactions in school.

Correspondence Principle

In sociology, the principle suggesting that the structure of educational systems reflects the structure of the labor market and the social class system.

Meritocracy

A system where success and advancement are based on individual ability and talent rather than on class privilege or wealth.