On the Balance Sheet,a Company Reports Total Assets of $8

question 80

Multiple Choice

On the balance sheet,a company reports total assets of $8 million,common shares (book value) of $4 million,and retained earnings of $2 million.The debt-to-equity ratio is:

• A) 0.33
• B) 1.00
• C) 2.00
• D) 3.00

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Definitions:

Short-Term Memory

The capacity for holding a small amount of information in an active, readily available state for a short period of time.

Judging Distance

The cognitive and perceptual process of estimating the space between oneself and objects or points in the environment.

Reticular Formation

A network of neurons located in the brainstem that plays a crucial role in controlling arousal and consciousness.

High Arousal

A state of heightened physiological and emotional intensity, often linked to stress, excitement, or anxiety.